9, Cormorant Drive, NE11 9LF
9 Cormorant Drive is a 62 m² flat in Gateshead. It sold for £65,000 in Aug 2016.
- Sale history
-
Date Paid price Annual growth After inflation Aug 2016 £65,000 * -5.0% -7.0% Apr 2006 £110,000 13.0% 11.0% Dec 2002 £72,950 na na *This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.
- Internal area
- 62 square metres (667 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £1,048 per square metre (£97 per square foot) in Aug 2016. Indexed forward to today's value, this is roughly £1,304 per square metre (£121 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Aug 2016 £65,000 £1,048 £80,851 £1,304 Apr 2006 £110,000 £1,774 £139,932 £2,257 Dec 2002 £72,950 £1,177 £131,624 £2,123 Calculated using the latest EPC internal area of 62 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £80,851. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Gateshead are now selling for between £1,530 and £2,350 per square metre (£142 and £218 per square foot). Based on an internal area of 62 m², this implies a valuation between £95,000 and £146,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- 2
- Type
- Flat
- Council tax band
- A
- History:
- Archived rental listing for 9 Cormorant Drive. Advertised on multiple portals. It was added on 18/05/2017. It last appeared May 2017.
- Photos:
-
There are 15 archived estate agent listing photos (taken in May 2017) for 9 Cormorant Drive.
- Advertiser remarks:
-
- 2 bedrooms
- 1 bathrooms
- Summary:
- 18 March 2016 - energy performance certificate grade C
- Reason for EPC:
- Marketed sale
- Tenure:
- Unknown
- Property type:
- 2nd floor flat in an apartment block with 1 storeys , has 3 habitable rooms. Estimated year built 2003 to 2006
- Area:
- 62 sqm (667 square foot) total internal area
- Comments:
- Walls: Cavity wall, as built, insulated (assumed). Roof: (another dwelling above). Heating: Electric storage heaters.
- Summary:
- 04 March 2015 - energy performance certificate grade C
- Reason for EPC:
- Marketed sale
- Tenure:
- Owner-occupied
- Property type:
- 2nd floor flat in an apartment block with 1 storeys , has 3 habitable rooms. Estimated year built 2003 to 2006
- Area:
- 54 sqm (581 square foot) total internal area
- Comments:
- Walls: Cavity wall, as built, insulated (assumed). Roof: Pitched, insulated (assumed). Heating: Electric storage heaters.