194, Baltic Quay Mill Road, Gateshead, NE8 3QZ is a leasehold flat built between 2007-2011. The property offers approximately 764 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £161,600 , which equates to approximately £211 per square foot. It was last sold on 16 Jan 2023 for £160,000. Since then, the value has increased by £1,600, representing a 1.0% increase, or approximately 0.3% per year.

The current estimated value of £161,600 is:

  • 35.2% lower than the average property price on Mill Road
  • 29.9% lower than the average in the NE8 3QZ postcode area
  • and 8.5% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 28 September 2021, the property was recorded as owner-occupied.

View sold house prices in NE8 3QZ

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
764 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£161,600
Price Per sq ft (estimate)
£211
Bedroom Count (estimate)
2 bedrooms

EPC Summary

194, Baltic Quay Mill Road, Gateshead, Tyne And Wear, NE8 3QZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 Sep 2021.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 Jan 2009. The rating of C remains the same, but the energy efficiency score improved by 7%.

Since the previous assessment, several changes were observed:

  • The heating system changed from electric storage heaters to room heaters, electric, with no change in energy efficiency (very poor).
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from very good to very poor.
  • The wall energy efficiency improving from good to very good, with the construction or insulation remaining system built, as built, insulated (assumed).
  • The lighting was updated from no low energy lighting to low energy lighting in 33% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to NE8 3QZ

53 rd / 68
Price Rank
30% lower than average
33 rd / 64
Size Rank
4% smaller than average
47 th / 64
Price Per Sq FT Rank
27% lower than average

Compared to other properties in NE8 3QZ , this flat's estimated value ranks 53th out of 68. Based on price per square foot, it ranks 47th out of 64 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 33th out of 64 properties in its postcode area.

Sale History

Today
£161,600
streetscan.co.uk estimate
+1 %
16 Jan 2023
£160,000
Leasehold
-3 %
7 Feb 2008
£165,000
Leasehold
-17.5 %
5 Oct 2004
£200,000
Leasehold

Area Insights

Similar Properties Sold Nearby

227, Baltic Quay Mill Road, Gateshead, NE8 3QZ
rooms: 3
size: 764 sq ft
sale price: £190,000
sale date: 1 Aug 2024
198, Baltic Quay Mill Road, Gateshead, NE8 3QZ
rooms: 3
size: 829 sq ft
sale price: £160,000
sale date: 29 Nov 2022
228, Baltic Quay Mill Road, Gateshead, NE8 3QZ
rooms: 3
size: 840 sq ft
sale price: £210,000
sale date: 25 Nov 2022
189, Baltic Quay Mill Road, Gateshead, NE8 3QZ
rooms: 3
size: 797 sq ft
sale price: £185,000
sale date: 25 Jul 2022
218, Baltic Quay Mill Road, Gateshead, NE8 3QZ
rooms: 3
size: 764 sq ft
sale price: £177,000
sale date: 30 Sep 2021

Data Sources

The property at 194, Baltic Quay Mill Road, Gateshead, NE8 3QZ appears three times in the Land Registry records, with the latest transaction recorded on 16 Jan 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Sep 2021. 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.
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