Property data
Sale history
Date Paid price Annual growth After inflation
Jan 2020 £115,000 -1.4% -3.5%
Jan 2008 £137,000 11.1% 9.1%
May 2002 £75,000 na na
Internal area
69 square metres (743 square feet) according to latest EPC inspection
Price per internal area

This property sold for £1,666 per square metre (£155 per square foot) in Jan 2020. Indexed forward to today's value, this is roughly £2,154 per square metre (£200 per square foot) .

Date Paid price Paid £/sqm Today's value Today's value £/sqm
Jan 2020 £115,000 £1,667 £148,600 £2,154
Jan 2008 £137,000 £1,986 £171,342 £2,483
May 2002 £75,000 £1,087 £145,308 £2,106

Calculated using the latest EPC internal area of 69 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 £148,600. 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 69 m², this implies a valuation between £106,000 and £162,000. 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
B
Archived listings
History:
Archived rental listing for 49 Cormorant Drive. Advertised on multiple portals. It was added on 15/03/2024. It last appeared Jul 2024.
Photos:

There are 11 archived estate agent listing photos (taken in March 2024) for 49 Cormorant Drive.

Photos for 49 Cormorant Drive
View photos
Advertiser remarks:
  • 2 bedrooms
  • 1 bathrooms
EPC Inspections
Summary:
13 January 2020 - energy performance certificate grade D
Reason for EPC:
Rental
Tenure:
Private rental
Property type:
2nd floor flat in an apartment block with 1 storeys , has 3 habitable rooms. Estimated year built 1996 to 2002
Area:
69 sqm (743 square foot) total internal area
Comments:
Walls: Cavity wall, as built, insulated (assumed). Roof: (another dwelling above). Heating: Electric storage heaters.