According to the public record, 26, Cormorant Drive, Gateshead is a modern freehold house with 818 ft2 of internal area and sits on a 166 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cormorant Drive, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
26, Cormorant Drive, Gateshead has a single entry in the Land Registry database from February 2023 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 26 Cormorant Drive Gateshead as £162,977 and the rental value as £924 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 26 Cormorant Drive Gateshead has increased by £4,174 (2.6%) and its rental value has increased by £93 per month (10.1%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 26, Cormorant Drive, Gateshead is in very good condition we estimate a sale value of £171,126 and rental value of £970 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £151,569 and a rental value of £859 per month.
If you were able to purchase this property for the estimated value of £162,977, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £801 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 26, Cormorant Drive, Gateshead sits on a plot of 166m2.
We have plot size data on 33 out of 44 other houses in the postcode and 26, Cormorant Drive, Gateshead sits on the 18th largest plot.
According to HM Land Registry, 26, Cormorant Drive, Gateshead was last sold on 09 Feb 2023 for £171,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2023, the market for similar properties has risen 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Cormorant Drive, Gateshead within a radius of 660 metres over the last 2 years.
The most recent example is 41, Cormorant Drive, Gateshead, NE11 9LF, a Freehold house which sold for £180,000 in Aug 2023.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cormorant Drive, Gateshead, NE11 has a total of 65 addresses. According to our analysis of all the public data, 26, Cormorant Drive, Gateshead is the 42nd largest and the 37th most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in NE11.
26, Cormorant Drive, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 26, Cormorant Drive, Gateshead is Dunston station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 26, Cormorant Drive, Gateshead, 45.7% of property is privately rented and 33.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 26, Cormorant Drive, Gateshead, 16.3% of residents are recorded as possessing school level qualifications and 41.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 26, Cormorant Drive, Gateshead, the average age was 38.5 and the most common age was 32.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 26, Cormorant Drive, Gateshead, 0.7% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 26, Cormorant Drive, Gateshead, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.