5, Cormorant Drive, NE11 9LF
5 Cormorant Drive is a 57 m² flat in Gateshead. It sold for £71,250 in Jan 2024.
- Sale history
-
Date Paid price Annual growth After inflation Jan 2024 £71,250 * -0.4% -2.9% Dec 2002 £77,950 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
- 57 square metres (614 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £1,250 per square metre (£116 per square foot) in Jan 2024. Indexed forward to today's value, this is roughly £1,386 per square metre (£129 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Jan 2024 £71,250 £1,250 £79,015 £1,386 Dec 2002 £77,950 £1,368 £140,646 £2,467 Calculated using the latest EPC internal area of 57 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 £79,015. 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 57 m², this implies a valuation between £87,000 and £134,000. 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
- Title number
- TY394313
- Tenure
- Leasehold/other
- Title address
- 5 Cormorant Drive, Gateshead and parking space
- Owner
-
DERRYLAND LIMITED
(Company reference number: 01937132)
Proprietor address: 5 Cormorant Drive, Gateshead, NE11 9LF
Price paid on title: £71,250
Ownership record added to Land Registry's corporate ownership dataset 22 Jan 2024
- History:
- Archived rental listing for 5 Cormorant Drive. Advertised on multiple portals. It was added on 02/08/2018. It last appeared Sep 2018.
- Photos:
-
There are 10 archived estate agent listing photos for 5 Cormorant Drive.
- Advertiser remarks:
-
- 2 bedrooms
- 1 bathrooms
- Summary:
- 21 October 2010 - energy performance certificate grade C
- Reason for EPC:
- None
- Tenure:
- Private rental
- Property type:
- None , has 3 habitable rooms. Estimated year built 1996 to 2002
- Area:
- 57 sqm (614 square foot) total internal area
- Comments: