55, Baltic Quay Mill Road, Gateshead, NE8 3QW is a leasehold flat built between 2003-2006. The property offers approximately 560 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £229,173 , which equates to approximately £409 per square foot. It was last sold on 1 Jul 2003 for £140,000. Since then, the value has increased by £89,173, representing a 63.7% increase, or approximately 2.8% per year.

The current estimated value of £229,173 is:

  • 8.0% lower than the average property price on Mill Road
  • 0.6% lower than the average in the NE8 3QW postcode area
  • and 29.8% 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
560 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£229,173
Price Per sq ft (estimate)
£409
Bedroom Count (estimate)
1 bedroom

EPC Summary

55, 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 20 Jul 2019.

This property uses electric storage heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 28 Aug 2009. The rating of C remains the same, but the energy efficiency score improved by 5.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, off-peak to electric instantaneous at point of use, with its energy efficiency changing from very good to very poor.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to system built, with internal insulation, improving energy efficiency from good to very good.
  • The lighting was updated from low energy lighting in 13% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
System built, with internal insulation
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE8 3QW

52 nd / 58
Price Rank
1% lower than average
48 th / 57
Size Rank
25% smaller than average
27 th / 57
Price Per Sq FT Rank
33% higher than average

Compared to other properties in NE8 3QW , this flat's estimated value ranks 52th out of 58. Based on price per square foot, it ranks 27th out of 57 properties. In terms of size, this home ranks 48th out of 57 properties in its postcode area.

Sale History

Today
£229,173
streetscan.co.uk estimate
+64 %
1 Jul 2003
£140,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 635 sq ft
sale price: £120,750
sale date: 11 Jan 2024
rooms: 2
size: 549 sq ft
sale price: £95,000
sale date: 15 Sep 2023
rooms: 3
size: 570 sq ft
sale price: £160,000
sale date: 30 Sep 2022
rooms: 3
size: 592 sq ft
sale price: £137,000
sale date: 28 May 2021
rooms: 3
size: 614 sq ft
sale price: £136,000
sale date: 21 Oct 2020

Data Sources

The property at 55, Baltic Quay Mill Road, Gateshead, Tyne And Wear, NE8 3QW appears once in the Land Registry records, with the transaction recorded on 1 Jul 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Jul 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.