11, Millbank Terrace
11, Millbank Terrace
Description & Estimates
Public records show 11, Millbank Terrace, Bedlington to be a period leasehold apartment with 775 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
11, Millbank Terrace, Bedlington has an estimated sale value of £66,986 and an estimated rental value of £410 per month, assuming reasonable condition and based on the information available.
Millbank Terrace, Bedlington, NE22 lies within the NE22 postal district.
Our Data Sources
11, Millbank Terrace, Bedlington has 61 entries in the Land Registry , most recently in March 2023 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 11, Millbank Terrace, Bedlington would be worth £70,335, with a potential rental value of £430 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £62,297, with a rental value of £381 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 11, Millbank Terrace, Bedlington has increased by £369 (0.6%) over the last year. During the same period, its estimated monthly rental value has grown by £13 (3.1%). The property's estimated gross yield is currently 7.3%.
Energy Efficiency
11, Millbank Terrace, Bedlington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
11, Millbank Terrace, Bedlington last changed hands on 31st March 2023, selling for £72,750. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 6 times since 1995.
The market for similar properties has dropped by 17.0% since March 2023.
- Sold Mar 2023£72,750
- Sold Nov 2017£53,000
- Sold Apr 2007£81,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 650 metres of 11, Millbank Terrace, Bedlington across the last 2 years.
Most recently, 22, Millbank Terrace, Bedlington, NE22 5BY, a leasehold flat, sold at £63,000 on the 23rd October 2024.
Read more about house prices in NE22.
- Sold Oct 2024£63,000 | 2 Bed Flat22, Millbank Terrace, Bedlington, NE22 5BY22, Millbank Terrace, Bedlington, NE22 5BY
- Sold Aug 2024£35,000 | 2 Bed Flat7, Millbank Terrace, Bedlington, NE22 5BY7, Millbank Terrace, Bedlington, NE22 5BY
- Sold May 2021£56,000 | 2 Bed Flat23, Millbank Terrace, Bedlington, NE22 5BY23, Millbank Terrace, Bedlington, NE22 5BY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 11, Millbank Terrace, Bedlington as the 5th largest and the 5th most expensive of the 26 addresses on Millbank Terrace, Bedlington, NE22.
Against the NE22 postcode district average, it is £88k less expensive than the typical property.
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Schools Nearby
- 200mBedlington Whitley Memorial Church of England Primary School
- 800mStead Lane Primary School
- 900mBedlington West End Primary School
- 1.1kmSt Benet Biscop Catholic Academy
- 1.7kmBedlington Academy
- 2.7kmThe Blyth Academy
More reading links
Public Transport Nearby
Bedlington station is the nearest stop to 11, Millbank Terrace, Bedlington at 1.5 kilometres away.
- 1.5kmBedlington
- 1.9kmBlyth Bebside
- 5.0kmCramlington
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
