216 Baltic Quay Mill Road

    216 BALTIC QUAY, MILL ROAD, GATESHEAD, GATESHEAD, NE8 3QZ

    This flat/maisonette leasehold property on Mill Road last sold in June 2004 for £227,500. Based on price growth in the NE8 district since then, its estimated current value is £305,529 — placing it in the 50th percentile nationally and the 96th percentile within NE8. The property covers 97 m² (1,044 sq ft), giving an estimated value of £3,150 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £227,500

    Jun 2004

    Estimated Valuation

    £305,529

    Est. £/sq ft

    £293/sq ft

    £3,150/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area1,044 sq ft (97 m²)
    EPC dateMar 2019
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    17 Jun 2004

    New build

    £227,500

    Key Metrics

    Estimated valuation£305,529
    Value per sq ft / m²£293/sq ft (£3,150/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile96th percentile
    National percentile50th 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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