40 Cormorant Drive appears in the HM Land Registry record 3 times, first in Jun 2002 and most recently in Nov 2013. Every figure below is the price actually paid on completion.
| Sold | Price paid | In today's money | Type | Tenure |
|---|---|---|---|---|
| 7 Jun 2002 | £66,500 | £128,269 | Terraced | Leasehold |
| 13 Jul 2006 | £68,000 | £121,061 | Terraced | Leasehold |
| 15 Nov 2013 | £65,000 | £94,778 | Terraced | Leasehold |
Between 2002 and 2013 the recorded price moved from £66,500 to £65,000 — -0.2% a year in cash, and -2.7% a year once inflation is removed. In 2026 money the earlier sale is worth £128,269.
To have held its value since that sale, this address would need to fetch £94,778 today. Anything less is a loss in real terms, however the cash price has moved. It is the number no listing shows.
Other addresses on Cormorant Drive
- 11 Cormorant Drive5 sales
- 61 Cormorant Drive5 sales
- 19 Cormorant Drive4 sales
- 41 Cormorant Drive4 sales
- 23 Cormorant Drive4 sales
- 59 Cormorant Drive4 sales
- 37 Cormorant Drive3 sales
- 3 Cormorant Drive3 sales
- 50 Cormorant Drive3 sales
- 12 Cormorant Drive3 sales
- 39 Cormorant Drive3 sales
- 49 Cormorant Drive3 sales
- 29 Cormorant Drive3 sales
- 42 Cormorant Drive3 sales
- 53 Cormorant Drive3 sales
- 51 Cormorant Drive3 sales
See the whole street on Cormorant Drive, or the wider market in Gateshead.
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