131, Baltic Quay Mill Road, Gateshead, NE8 3QY is a leasehold other property built between 2003-2006. The property offers approximately 646 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £170,923 , which equates to approximately £265 per square foot. It was last sold on 28 Mar 2024 for £165,000. Since then, the value has increased by £5,923, representing a 3.6% increase, or approximately 2.1% per year.

The current estimated value of £170,923 is:

  • 31.4% lower than the average property price on Mill Road
  • 34.6% lower than the average in the NE8 3QY postcode area
  • and 3.2% lower than the average price for Gateshead as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 18 July 2023, 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
646 sq ft
Tenure
Leasehold
Price (estimate)
£170,923
Price Per sq ft (estimate)
£265
Bedroom Count (estimate)
2 bedrooms

EPC Summary

131, Baltic Quay Mill Road, Gateshead, Tyne And Wear, NE8 3QY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 18 Jul 2023.

This property uses electric room 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 18 May 2012, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 9.5%.

Since the previous assessment, several changes were observed:

  • 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 wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in 83% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
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 all fixed outlets
Very Good

Compared to NE8 3QY

53 rd / 60
Price Rank
35% lower than average
44 th / 55
Size Rank
16% smaller than average
49 th / 55
Price Per Sq FT Rank
22% lower than average

Compared to other properties in NE8 3QY , this flat's estimated value ranks 53th out of 60. Based on price per square foot, it ranks 49th out of 55 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 44th out of 55 properties in its postcode area.

Sale History

Today
£170,923
streetscan.co.uk estimate
+4 %
28 Mar 2024
£165,000
Leasehold
0 %
17 Dec 2003
£165,000
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 786 sq ft
sale price: £172,000
sale date: 8 Nov 2024
rooms: 3
size: 743 sq ft
sale price: £240,000
sale date: 11 Dec 2003
rooms: 3
size: 861 sq ft
sale price: £225,000
sale date: 18 Dec 2003
rooms: 3
size: 753 sq ft
sale price: £265,000
sale date: 16 Dec 2003
rooms: 3
size: 549 sq ft
sale price: £165,000
sale date: 15 Dec 2003

Data Sources

The property at 131, Baltic Quay Mill Road, Gateshead, NE8 3QY appears two times in the Land Registry records, with the latest transaction recorded on 28 Mar 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Jul 2023. 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.