162, Baltic Quay Mill Road, Gateshead, NE8 3QY is a leasehold flat built between 2003-2006. The property offers approximately 969 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £373,542 , which equates to approximately £386 per square foot. It was last sold on 11 Dec 2003 for £260,000. Since then, the value has increased by £113,542, representing a 43.7% increase, or approximately 2.0% per year.

The current estimated value of £373,542 is:

  • 49.9% higher than the average property price on Mill Road
  • 43.0% higher than the average in the NE8 3QY postcode area
  • and 111.6% higher than the average price for Gateshead as a whole

At the most recent EPC inspection on 28 October 2024, the property was recorded as owner-occupied.

View sold house prices in NE8 3QY

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
969 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£373,542
Price Per sq ft (estimate)
£386
Bedroom Count (estimate)
3 bedrooms

EPC Summary

162, Baltic Quay Mill Road, Gateshead, Tyne And Wear, NE8 3QY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 Oct 2024.

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 9 Jan 2014, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 3.7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The lighting was changed from low energy lighting in 78% 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
Poor
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

7 th / 60
Price Rank
43% higher than average
3 rd / 55
Size Rank
26% bigger than average
40 th / 55
Price Per Sq FT Rank
13% higher than average

Compared to other properties in NE8 3QY , this flat's estimated value ranks 7th out of 60. Based on price per square foot, it ranks 40th 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 3rd out of 55 properties in its postcode area.

Sale History

Today
£373,542
streetscan.co.uk estimate
+44 %
11 Dec 2003
£260,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 893 sq ft
sale price: £163,000
sale date: 23 Feb 2024
rooms: 3
size: 904 sq ft
sale price: £185,000
sale date: 8 Oct 2021
rooms: 3
size: 840 sq ft
sale price: £200,000
sale date: 3 Apr 2019
rooms: 3
size: 893 sq ft
sale price: £146,000
sale date: 18 Feb 2019
rooms: 3
size: 893 sq ft
sale price: £185,000
sale date: 4 Aug 2017

Data Sources

The property at 162, Baltic Quay Mill Road, Gateshead, Tyne And Wear, NE8 3QY appears once in the Land Registry records, with the transaction recorded on 11 Dec 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Oct 2024. 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.