31 Baltic Quay Mill Road

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

    This flat/maisonette leasehold property on Mill Road last sold in March 2023 for £155,000. Based on price growth in the NE8 district since then, its estimated current value is £161,407 — placing it in the 15th percentile nationally and the 63rd percentile within NE8. The property covers 75 m² (807 sq ft), giving an estimated value of £2,152 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £155,000

    Mar 2023

    Estimated Valuation

    £161,407

    Est. £/sq ft

    £200/sq ft

    £2,152/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area807 sq ft (75 m²)
    EPC dateMay 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    15 Mar 2023

    £155,000

    5 Oct 2015

    £185,000

    28 Apr 2006

    £215,000

    20 Aug 2003

    New build

    £185,000

    Key Metrics

    Estimated valuation£161,407
    Value per sq ft / m²£200/sq ft (£2,152/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile63rd percentile
    National percentile15th 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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