125, Baltic Quay Mill Road, Gateshead, NE8 3QY is a leasehold flat built between 2003-2006. The property offers approximately 581 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £133,980 , which equates to approximately £230 per square foot. It was last sold on 8 Mar 2023 for £130,000. Since then, the value has increased by £3,980, representing a 3.1% increase, or approximately 1.1% per year.

The current estimated value of £133,980 is:

  • 46.2% lower than the average property price on Mill Road
  • 48.7% lower than the average in the NE8 3QY postcode area
  • and 24.1% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 16 December 2022, the property was recorded as rented.

View sold house prices in NE8 3QY

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
581 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£133,980
Price Per sq ft (estimate)
£230
Bedroom Count (estimate)
1 bedroom

EPC Summary

125, Baltic Quay Mill Road, Gateshead, Tyne And Wear, NE8 3QY has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 16 Dec 2022.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 3 Dec 2012, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 12.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The lighting was updated from low energy lighting in 71% of fixed outlets to low energy lighting in 22% of fixed outlets, with efficiency changing from very good to poor.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 22% of fixed outlets
Poor

Compared to NE8 3QY

55 th / 60
Price Rank
49% lower than average
48 th / 55
Size Rank
24% smaller than average
33 rd / 55
Price Per Sq FT Rank
32% lower than average

Compared to other properties in NE8 3QY , this flat's estimated value ranks 55th out of 60. Based on price per square foot, it ranks 33th out of 55 properties. In terms of size, this home ranks 48th out of 55 properties in its postcode area.

Sale History

Today
£133,980
streetscan.co.uk estimate
+3 %
8 Mar 2023
£130,000
Leasehold
+41.3 %
10 Oct 2019
£92,000
Leasehold
-44.2 %
9 Dec 2003
£165,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 657 sq ft
sale price: £115,000
sale date: 26 May 2023
rooms: 3
size: 603 sq ft
sale price: £150,000
sale date: 16 Feb 2007
rooms: 3
size: 560 sq ft
sale price: £175,000
sale date: 16 Feb 2007
rooms: 3
size: 646 sq ft
sale price: £199,000
sale date: 1 Oct 2004
rooms: 2
size: 592 sq ft
sale price: £175,000
sale date: 10 Sep 2004

Data Sources

The property at 125, Baltic Quay Mill Road, Gateshead, NE8 3QY appears three times in the Land Registry records, with the latest transaction recorded on 8 Mar 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Dec 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.