4 Millbank Terrace, Bedlington, NE22 5BY is a leasehold flat built between 1950-1966. The property offers approximately 603 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £71,915 , which equates to approximately £119 per square foot. It was last sold on 9 Feb 2024 for £68,000. Since then, the value has increased by £3,915, representing a 5.8% increase, or approximately 3.1% per year.

The current estimated value of £71,915 is:

  • 10.8% lower than the average property price on Millbank Terrace
  • 8.4% lower than the average in the NE22 5BY postcode area
  • and 62.1% 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 25 April 2023, the property was recorded as owner-occupied.

View sold house prices in NE22 5BY

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
603 sq ft
Tenure
Leasehold
Price (estimate)
£71,915
Price Per sq ft (estimate)
£119
Bedroom Count (estimate)
1 bedroom

EPC Summary

4 Millbank Terrace, Bedlington, Northumberland, NE22 5BY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 25 Apr 2023.

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 1 May 2012. The rating of D remains the same, but the energy efficiency score improved by 3%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to cavity wall, as built, no insulation (assumed), with no change in energy efficiency (poor).
  • The lighting was changed from low energy lighting in 71% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very 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 all fixed outlets
Very Good

Compared to NE22 5BY

17 th / 20
Price Rank
8% lower than average
18 th / 19
Size Rank
19% smaller than average
12 th / 19
Price Per Sq FT Rank
12% higher than average

Compared to other properties in NE22 5BY , this flat's estimated value ranks 17th out of 20. Based on price per square foot, it ranks 12th out of 19 properties. In terms of size, this home ranks 18th out of 19 properties in its postcode area.

Sale History

Today
£71,915
streetscan.co.uk estimate
+6 %
9 Feb 2024
£68,000
Leasehold
+38.8 %
23 Feb 2018
£49,000
Leasehold
-5.8 %
3 Nov 2015
£52,000
Leasehold
+23.8 %
25 Jun 2012
£42,000
Leasehold
+10.8 %
7 Jul 2003
£37,900
Leasehold

Area Insights

Similar Properties Sold Nearby

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: 669 sq ft
sale price: £78,000
sale date: 20 Mar 2008
rooms: 3
size: 646 sq ft
sale price: £78,500
sale date: 21 Sep 2007
rooms: 3
size: 592 sq ft
sale price: £74,000
sale date: 27 Oct 2006

Data Sources

The property at 4 Millbank Terrace, Bedlington, NE22 5BY appears five times in the Land Registry records, with the latest transaction recorded on 9 Feb 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Apr 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.