54, Baltic Quay Mill Road, Gateshead, NE8 3QW is a leasehold flat built between 2003-2006. The property offers approximately 732 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £196,671 , which equates to approximately £269 per square foot. It was last sold on 3 Oct 2012 for £155,000. Since then, the value has increased by £41,671, representing a 26.9% increase, or approximately 2.0% per year.

The current estimated value of £196,671 is:

  • 21.1% lower than the average property price on Mill Road
  • 14.7% lower than the average in the NE8 3QW postcode area
  • and 11.4% higher than the average price for Gateshead as a whole

View sold house prices in NE8 3QW

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
732 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£196,671
Price Per sq ft (estimate)
£269
Bedroom Count (estimate)
2 bedrooms

EPC Summary

54, Baltic Quay Mill Road, Gateshead, Tyne And Wear, NE8 3QW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 Sep 2018.

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 29 Aug 2018, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 9.8%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from poor to very poor.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 86% of fixed outlets to no low energy lighting, with efficiency changing from very good to very poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to NE8 3QW

37 th / 58
Price Rank
15% lower than average
29 th / 57
Size Rank
2% smaller than average
34 th / 57
Price Per Sq FT Rank
13% lower than average

Compared to other properties in NE8 3QW , this flat's estimated value ranks 37th out of 58. Based on price per square foot, it ranks 34th out of 57 properties. In terms of size, this home ranks 29th out of 57 properties in its postcode area.

Sale History

Today
£196,671
streetscan.co.uk estimate
+27 %
3 Oct 2012
£155,000
Leasehold
-13.9 %
26 Aug 2003
£180,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 635 sq ft
sale price: £120,750
sale date: 11 Jan 2024
rooms: 3
size: 807 sq ft
sale price: £155,000
sale date: 15 Mar 2023
rooms: 3
size: 829 sq ft
sale price: £125,000
sale date: 28 Feb 2023
rooms: 3
size: 818 sq ft
sale price: £166,000
sale date: 16 Sep 2022
rooms: 3
size: 753 sq ft
sale price: £185,000
sale date: 24 Mar 2022

Data Sources

The property at 54, Baltic Quay Mill Road, Gateshead, NE8 3QW appears two times in the Land Registry records, with the latest transaction recorded on 3 Oct 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Sep 2018. 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.