24 Millbank Terrace, Bedlington, NE22 5BY is a leasehold flat built between 1930-1949. The property offers approximately 710 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £77,258 , which equates to approximately £109 per square foot. It was last sold on 19 Aug 2010 for £62,500. Since then, the value has increased by £14,758, representing a 23.6% increase, or approximately 1.5% per year.

The current estimated value of £77,258 is:

  • 4.1% lower than the average property price on Millbank Terrace
  • 1.6% lower than the average in the NE22 5BY postcode area
  • and 59.3% lower than the average price for Bedlington as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 16 May 2020, the property was recorded as owner-occupied.

View sold house prices in NE22 5BY

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
710 sq ft
Tenure
Leasehold
Price (estimate)
£77,258
Price Per sq ft (estimate)
£109
Bedroom Count (estimate)
2 bedrooms

EPC Summary

24 Millbank Terrace, Bedlington, Northumberland, NE22 5BY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 16 May 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 10 May 2010. The rating of D remains the same, but the energy efficiency score improved by 4.6%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from average to good.
  • The lighting was updated from low energy lighting in 14% of fixed outlets to low energy lighting in 57% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 57% of fixed outlets
Good

Compared to NE22 5BY

15 th / 20
Price Rank
2% lower than average
7 th / 19
Size Rank
4% smaller than average
16 th / 19
Price Per Sq FT Rank
3% higher than average

Compared to other properties in NE22 5BY , this flat's estimated value ranks 15th out of 20. Based on price per square foot, it ranks 16th out of 19 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 7th out of 19 properties in its postcode area.

Sale History

Today
£77,258
streetscan.co.uk estimate
+24 %
19 Aug 2010
£62,500
Leasehold
+135.8 %
13 Aug 2002
£26,500
Leasehold
+3.9 %
23 Feb 2001
£25,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 775 sq ft
sale price: £56,000
sale date: 28 May 2021
rooms: 4
size: 657 sq ft
sale price: £30,000
sale date: 2 May 2019
rooms: 3
size: 689 sq ft
sale price: £47,250
sale date: 4 Oct 2017
rooms: 3
size: 775 sq ft
sale price: £62,500
sale date: 19 Aug 2010
rooms: 3
size: 669 sq ft
sale price: £78,000
sale date: 20 Mar 2008

Data Sources

The property at 24 Millbank Terrace, Bedlington, NE22 5BY appears three times in the Land Registry records, with the latest transaction recorded on 19 Aug 2010. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 May 2020. 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.