48, Baltic Quay Mill Road, Gateshead, NE8 3QW is a leasehold flat built between 1996-2002. The property offers approximately 431 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £117,890 , which equates to approximately £274 per square foot. It was last sold on 11 Sep 2020 for £104,000. Since then, the value has increased by £13,890, representing a 13.4% increase, or approximately 2.5% per year.

The current estimated value of £117,890 is:

  • 52.7% lower than the average property price on Mill Road
  • 48.9% lower than the average in the NE8 3QW postcode area
  • and 33.2% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 2 October 2019, the property was recorded as owner-occupied.

View sold house prices in NE8 3QW

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
431 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£117,890
Price Per sq ft (estimate)
£274
Bedroom Count (estimate)
1 bedroom

EPC Summary

48, Baltic Quay Mill Road, Gateshead, Tyne And Wear, NE8 3QW has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 2 Oct 2019.

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 19 Oct 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 12.3%.

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 poor.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to 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 3QW

57 th / 58
Price Rank
49% lower than average
57 th / 57
Size Rank
43% smaller than average
10 th / 57
Price Per Sq FT Rank
11% lower than average

Compared to other properties in NE8 3QW , this flat's estimated value ranks 57th out of 58. Based on price per square foot, it ranks 10th out of 57 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 57th out of 57 properties in its postcode area.

Sale History

Today
£117,890
streetscan.co.uk estimate
+13 %
11 Sep 2020
£104,000
Leasehold
-16.8 %
26 Aug 2003
£125,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 452 sq ft
sale price: £107,000
sale date: 3 Dec 2020
rooms: 1
size: 482 sq ft
sale price: £99,950
sale date: 20 Dec 2010
rooms: 1
size: 495 sq ft
sale price: £142,000
sale date: 5 Oct 2003
rooms: 3
size: 452 sq ft
sale price: £120,000
sale date: 23 Aug 2024
rooms: 3
size: 441 sq ft
sale price: £120,000
sale date: 26 Oct 2023

Data Sources

The property at 48, Baltic Quay Mill Road, Gateshead, NE8 3QW appears two times in the Land Registry records, with the latest transaction recorded on 11 Sep 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Oct 2019. 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.