1 Baltic Quay Mill Road

    1 BALTIC QUAY, MILL ROAD, GATESHEAD, NE8 3QW

    This flat/maisonette leasehold property on Mill Road last sold in December 2020 for £107,000. Based on price growth in the NE8 district since then, its estimated current value is £124,140 — placing it in the 7th percentile nationally and the 44th percentile within NE8. The property covers 42 m² (452 sq ft), giving an estimated value of £2,956 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    452 sq ft

    42 m²

    Last Sale Price

    £107,000

    Dec 2020

    Estimated Valuation

    £124,140

    Est. £/sq ft

    £275/sq ft

    £2,956/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area452 sq ft (42 m²)
    EPC dateOct 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    3 Dec 2020

    £107,000

    27 Jun 2003

    New build

    £140,000

    Key Metrics

    Estimated valuation£124,140
    Value per sq ft / m²£275/sq ft (£2,956/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile44th percentile
    National percentile7th percentile

    District Context — NE8

    NE8 covers Gateshead and surrounding areas in Tyne and Wear, situated south of the River Tyne in the North East. It is a primarily working-class and lower-middle-income area with a significant rental market and strong community character.

    Average Property Price - NE8

    £157,635

    4

    National percentile

    Average Net Household Income - NE8

    £31,485

    12

    National percentile

    10-Year Annualised Price Growth - NE8

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE8

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