51 Cormorant Drive

    51, CORMORANT DRIVE, GATESHEAD, NE11 9LF

    This flat/maisonette leasehold property on Cormorant Drive last sold in November 2008 for £148,000. Based on price growth in the NE11 district since then, its estimated current value is £161,809 — placing it in the 15th percentile nationally and the 49th percentile within NE11. The property covers 57 m² (614 sq ft), giving an estimated value of £2,839 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £148,000

    Nov 2008

    Estimated Valuation

    £161,809

    Est. £/sq ft

    £264/sq ft

    £2,839/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area614 sq ft (57 m²)
    EPC dateApr 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    28 Nov 2008

    £148,000

    27 Sept 2002

    £105,000

    12 Apr 2002

    New build

    £78,000

    Key Metrics

    Estimated valuation£161,809
    Value per sq ft / m²£264/sq ft (£2,839/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile49th percentile
    National percentile15th percentile

    District Context — NE11

    NE11 covers Cramlington and surrounding areas in south-east Northumberland, situated between Newcastle and the coast. It is a largely suburban district with a strong family-oriented character and established residential communities.

    Average Property Price - NE11

    £184,538

    8

    National percentile

    Average Net Household Income - NE11

    £34,075

    26

    National percentile

    10-Year Annualised Price Growth - NE11

    4.0%

    67

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE11

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