26, CORMORANT DRIVE, GATESHEAD, NE11 9LF - £171,000

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.

26 CORMORANT DRIVE is a small terraced house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £184,638. It was last sold for £171,000 in February 2023, which was around 22% above the average February 2023 terraced price in the Gateshead local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

26 CORMORANT DRIVE Sold Prices

Land registry data shows one sale for 26 CORMORANT DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 9 FEB	£171,000	£140,247	22% above HPI

What might 26 CORMORANT DRIVE be worth now?

26 CORMORANT DRIVE might now be worth an estimated £184,638.

This is based on house price inflation of 8%, between February 2023 and March 2026, 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 8% inflationary increase is applied to the most recent sale price for 26 CORMORANT DRIVE of £171,000 on 9th February 2023. For the value to have increased from £171,000 to £184,638 over the two years and eleven months to March 2026, the following assumptions must hold true:

• The value of 26 CORMORANT DRIVE has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The February 2023 sale price of £171,000 represented a fair market value for the property.
• The size, condition, and specification of 26 CORMORANT DRIVE has not materially changed since February 2023.

How Large is 26 CORMORANT DRIVE?

26 CORMORANT DRIVE is 76m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of terraced houses in Gateshead, based on EPC data. The below chart shows the distribution of terraced houses by size in Gateshead, and where 26 CORMORANT DRIVE lies on this distribution: 31% of terraced houses are smaller than 26 CORMORANT DRIVE, and 67% of terraced houses are larger. Note that EPC data is not available for all properties in Gateshead.

26 CORMORANT DRIVE: Plot

26 CORMORANT DRIVE sits on a plot of roughly 0.041 of an acre, or 166m².

Where is 26 CORMORANT DRIVE?

26 CORMORANT DRIVE is located in GATESHEAD, in the NE11 postcode district.