61 Cormorant Drive

    61, CORMORANT DRIVE, GATESHEAD, NE11 9LF

    This detached freehold property on Cormorant Drive last sold in September 2010 for £173,000. Based on price growth in the NE11 district since then, its estimated current value is £271,540 — placing it in the 43rd percentile nationally and the 88th percentile within NE11. The property covers 110 m² (1,184 sq ft), giving an estimated value of £2,469 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,184 sq ft

    110 m²

    Last Sale Price

    £173,000

    Sept 2010

    Estimated Valuation

    £271,540

    Est. £/sq ft

    £229/sq ft

    £2,469/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,184 sq ft (110 m²)
    EPC dateSept 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Sept 2010

    £173,000

    6 Jul 2009

    £160,000

    14 Sept 2007

    £192,500

    1 Oct 2002

    £140,000

    14 Jun 2002

    New build

    £99,950

    Key Metrics

    Estimated valuation£271,540
    Value per sq ft / m²£229/sq ft (£2,469/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile88th percentile
    National percentile43rd 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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