56, Baltic Quay Mill Road, Gateshead, NE8 3QW is a leasehold flat built between 2003-2006. The property offers approximately 861 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £302,836 , which equates to approximately £352 per square foot. It was last sold on 10 Jul 2003 for £185,000. Since then, the value has increased by £117,836, representing a 63.7% increase, or approximately 2.8% per year.

The current estimated value of £302,836 is:

  • 21.5% higher than the average property price on Mill Road
  • 31.4% higher than the average in the NE8 3QW postcode area
  • and 71.6% higher than the average price for Gateshead as a whole

At the most recent EPC inspection on 28 June 2023, the property was recorded as rented.

View sold house prices in NE8 3QW

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
861 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£302,836
Price Per sq ft (estimate)
£352
Bedroom Count (estimate)
3 bedrooms

EPC Summary

56, 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 Jun 2023.

This property uses electric storage 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 17 Jun 2013. The rating of C remains the same, but the energy efficiency score improved by 7%.

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, 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 88% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Poor
Roof
Flat, insulated (assumed)
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 88% of fixed outlets
Very Good

Compared to NE8 3QW

23 rd / 58
Price Rank
31% higher than average
12 th / 57
Size Rank
15% bigger than average
47 th / 57
Price Per Sq FT Rank
14% higher than average

Compared to other properties in NE8 3QW , this flat's estimated value ranks 23th out of 58. Based on price per square foot, it ranks 47th out of 57 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 12th out of 57 properties in its postcode area.

Sale History

Today
£302,836
streetscan.co.uk estimate
+64 %
10 Jul 2003
£185,000
Leasehold

Area Insights

Similar Properties Sold Nearby

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
rooms: 3
size: 936 sq ft
sale price: £205,000
sale date: 22 Mar 2022

Data Sources

The property at 56, Baltic Quay Mill Road, Gateshead, Tyne And Wear, NE8 3QW appears once in the Land Registry records, with the transaction recorded on 10 Jul 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Jun 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.