6 Baltic Quay Mill Road

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

    This flat/maisonette leasehold property on Mill Road last sold in September 2022 for £160,000. Based on price growth in the NE8 district since then, its estimated current value is £157,800 — placing it in the 14th percentile nationally and the 61st percentile within NE8. The property covers 53 m² (570 sq ft), giving an estimated value of £2,977 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £160,000

    Sept 2022

    Estimated Valuation

    £157,800

    Est. £/sq ft

    £277/sq ft

    £2,977/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 area570 sq ft (53 m²)
    EPC dateJul 2020
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    30 Sept 2022

    £160,000

    8 Jul 2003

    New build

    £180,000

    Key Metrics

    Estimated valuation£157,800
    Value per sq ft / m²£277/sq ft (£2,977/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile61st percentile
    National percentile14th 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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