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Cormorant Drive is a residential street with 65 addresses.
It ranks as the 594th largest and 509th most expensive of the 689 streets in the NE11 area. The dominant property type is a modern house built after 1980.
The street contains a total of 65 properties: 44 houses and 21 flats.
Cormorant Drive is a residential street with 65 addresses.
It ranks as the 594th largest and 509th most expensive of the 689 streets in the NE11 area. The dominant property type is a modern house built after 1980.
The street contains a total of 65 properties: 44 houses and 21 flats.
Sale prices range from £97,296 for 2 bedroom leasehold flats (592 ft2) to £225,910 for 4 bedroom freehold houses with a garden (1,184 ft2) .
Monthly rental prices range from £720 pcm for 2 bed flats to £1,184 pcm for 4 bed houses.
The gross rental yield is between 6.3% and 9.1%.
The average value per square foot is £195.
The last sale on Cormorant Drive sold for £84,000 on 28th March 2025. Since then prices are up an average of 1.0%.
The current average value in the street is £160,585.
The Cormorant Drive Sales Market has increased by 22.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.4% | £160,585 |
| May 2025 | 0.6% | £159,899 |
| May 2024 | 1.2% | £159,007 |
| May 2023 | 4.3% | £157,078 |
| May 2022 | 6% | £150,626 |
| May 2021 | 3.8% | £142,039 |
| May 2020 | 1.2% | £136,887 |
| May 2019 | -0.1% | £135,305 |
| May 2018 | 2.5% | £135,488 |
| May 2017 | 0.9% | £132,181 |
| May 2016 | 1.1% | £130,999 |
| May 2015 | 1.5% | £129,607 |
| May 2014 | 2.5% | £127,709 |
| May 2013 | 0.1% | £124,565 |
| May 2012 | -1.7% | £124,426 |
| May 2011 | -3.5% | £126,639 |
| May 2010 | 1.2% | £131,296 |
| May 2009 | -10.9% | £129,756 |
| May 2008 | -1.7% | £145,683 |
| May 2007 | 0% | £148,163 |
The current average rental value in the street is £956.
The Cormorant Drive Rental Market has increased by 51.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.9% | £956pcm |
| May 2025 | 5.1% | £929pcm |
| May 2024 | 9.4% | £884pcm |
| May 2023 | 8.7% | £808pcm |
| May 2022 | 9.7% | £743pcm |
| May 2021 | 4.1% | £677pcm |
| May 2020 | 2.4% | £651pcm |
| May 2019 | 0% | £635pcm |
| May 2018 | 0.3% | £636pcm |
| May 2017 | 0.6% | £634pcm |
| May 2016 | -0.2% | £630pcm |
| May 2015 | 1.6% | £631pcm |
| May 2014 | 0.7% | £621pcm |
| May 2013 | 0.1% | £617pcm |
| May 2012 | -0.9% | £617pcm |
| May 2011 | 1.7% | £622pcm |
| May 2010 | 0.5% | £611pcm |
| May 2009 | -4.5% | £608pcm |
| May 2008 | 1% | £637pcm |
| May 2007 | 0% | £631pcm |
The last sale was on 28th March 2025 for £84,000 and since then the market in the area has increased by 1.0%. The street has had a total of 128 sales since 1995.
Cormorant Drive, Gateshead, NE11 has seen 9 sales in the last three years and no sales in the last twelve months.
Cormorant Drive, Gateshead, NE11 is the 594th largest and the 509th most expensive street in the NE11 area.
There is 1 postcode on Cormorant Drive, Gateshead, NE11.
The closest station to Cormorant Drive, Gateshead, NE11 is Dunston station which is 800 metres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Cormorant Drive, Gateshead, NE11, 45.7% of property is privately rented and 33.3% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Cormorant Drive, Gateshead, NE11, 16.3% of residents are recorded as possessing school level qualifications and 41.7% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Cormorant Drive, Gateshead, NE11, the average age was 38.5 and the most common age was 32.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Cormorant Drive, Gateshead, NE11, 0.7% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Cormorant Drive, Gateshead, NE11, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.