125 Baltic Quay Mill Road

    125 BALTIC QUAY, MILL ROAD, GATESHEAD, NE8 3QY

    This flat/maisonette leasehold property on Mill Road last sold in March 2023 for £130,000. Based on price growth in the NE8 district since then, its estimated current value is £135,373 — placing it in the 10th percentile nationally and the 50th percentile within NE8. The property covers 54 m² (581 sq ft), giving an estimated value of £2,507 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £130,000

    Mar 2023

    Estimated Valuation

    £135,373

    Est. £/sq ft

    £233/sq ft

    £2,507/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area581 sq ft (54 m²)
    EPC dateDec 2022
    WallsSystem built, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    8 Mar 2023

    £130,000

    9 Dec 2003

    New build

    £165,000

    Key Metrics

    Estimated valuation£135,373
    Value per sq ft / m²£233/sq ft (£2,507/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile50th percentile
    National percentile10th 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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