23, CORMORANT DRIVE, GATESHEAD, NE11 9LF - £150,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 CORMORANT DRIVE is a very small terraced house of 56m², built sometime between 2007 and 2011, which could now be worth an estimated £153,837. It was last sold for £150,000 in January 2024, which was around 7% above the average January 2024 terraced price in the Gateshead local authority area. The most recent EPC inspection was March 2025, where the current energy rating was C, and the potential energy rating was A.

23 CORMORANT DRIVE Sold Prices

Land registry data shows five sales for 23 CORMORANT DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. Most of the five 23 CORMORANT DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 19 JAN	£150,000	£140,330	7% above HPI
2019 12 APR	£113,000	£115,226	2% below HPI
2016 11 NOV	£104,000	£111,679	7% below HPI
2004 23 AUG	£112,000	£97,070	15% above HPI
2002 13 SEP	£72,950	£52,584	39% above HPI

23 CORMORANT DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gateshead local authority area over time, sourced from the HPI. The five 23 CORMORANT DRIVE sales between September 2002 and January 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2019 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2024 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 23 CORMORANT DRIVE be worth now?

23 CORMORANT DRIVE might now be worth an estimated £153,837.

This is based on house price inflation of 2.6%, between January 2024 and June 2025, for terraced houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.6% inflationary increase is applied to the most recent sale price for 23 CORMORANT DRIVE of £150,000 on 19th January 2024. For the value to have increased from £150,000 to £153,837 over the seven months to June 2025, the following assumptions must hold true:

• The value of 23 CORMORANT DRIVE has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The January 2024 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CORMORANT DRIVE has not materially changed since January 2024.

How Large is 23 CORMORANT DRIVE?

23 CORMORANT DRIVE is 56m² according to the EPC inspection conducted in March 2025. This puts it in the smallest 10% of terraced houses houses in Gateshead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gateshead, and where 23 CORMORANT DRIVE lies on this distribution: 2% of terraced houses houses are smaller than 23 CORMORANT DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

23 CORMORANT DRIVE: Plot and Title Map

23 CORMORANT DRIVE sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 23 CORMORANT DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 23 CORMORANT DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 23 CORMORANT DRIVE?

23 CORMORANT DRIVE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 23 on CORMORANT DRIVE.