3 The Mill, Gateshead
3 The Mill, Gateshead
Description & Estimates
3 The Mill, Gateshead is recorded publicly as a modern freehold house across 1,334 ft2 of internal area, sitting on a 115 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3 The Mill, Gateshead is £224,090 and its rental estimate is £1,172 per month, given the available information and assuming reasonable condition.
Bensham Road, Gateshead, NE8 falls within the NE8 postal district, in the borough of Gateshead.
Our Data Sources
3 The Mill, Gateshead has a single entry in the Land Registry from January 2011 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 3 The Mill, Gateshead, we estimate a market value of £235,295 and a rental value of £1,230 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £208,404 and £1,090 per month respectively.
Recent Market Change
Over the last year, 3 The Mill, Gateshead has seen its estimated sale value move up by £1,292 (0.6%) and its estimated rental value increase by £32 per month (2.7%). This results in an estimated gross rental yield of 6.3%.
Plot Size
HM Land Registry records the plot of land for 3 The Mill, Gateshead as measuring 115 m2.
That makes it the 5th largest plot in the postcode, where all 10 other houses have recorded plot data.
Energy Efficiency
3 The Mill, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3 The Mill, Gateshead completed on 28th January 2011 at £160,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 24.9% over the period since January 2011.
- Sold Jan 2011£160,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3 The Mill, Gateshead have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th March 2025, was 60, Windmill Way, Gateshead, NE8 1PJ, a freehold house which sold for £195,000.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 88 addresses on Bensham Road, Gateshead, NE8, 3 The Mill, Gateshead comes out as the 11th largest and the 7th most expensive in our analysis of the public data.
It is also £87k more expensive than the average property across the NE8 district.
More reading links
Schools Nearby
- 400mBrighton Avenue Primary School
- 600mCaedmon Community Primary School
- 700mSt Aidan's Church of England Primary School
- 1.2kmNorth East Futures UTC
- 2.7kmKingsmeadow Community School
- 3.0kmGrace College
More reading links
Public Transport Nearby
From 3 The Mill, Gateshead, the nearest station is Newcastle, 1.4 kilometres away.
- 1.4kmNewcastle
- 1.9kmDunston
- 1.9kmManors
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
