74 Baltic Quay Mill Road

    74 BALTIC QUAY, MILL ROAD, GATESHEAD, NE8 3QX

    This flat/maisonette leasehold property on Mill Road last sold in July 2018 for £175,000. Based on price growth in the NE8 district since then, its estimated current value is £189,682 — placing it in the 22nd percentile nationally and the 74th percentile within NE8. The property covers 81 m² (872 sq ft), giving an estimated value of £2,342 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £175,000

    Jul 2018

    Estimated Valuation

    £189,682

    Est. £/sq ft

    £218/sq ft

    £2,342/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 area872 sq ft (81 m²)
    EPC dateDec 2021
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    18 Jul 2018

    £175,000

    23 Nov 2012

    £155,000

    29 Sept 2006

    £205,000

    21 Nov 2003

    New build

    £190,000

    Key Metrics

    Estimated valuation£189,682
    Value per sq ft / m²£218/sq ft (£2,342/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile74th percentile
    National percentile22nd 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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