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According to the public record, 35 Baltic Quay, Mill Road, Gateshead is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 804 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 35 Baltic Quay, Mill Road, Gateshead is £165,422 and the estimated rental value is £1,175 per month.
Mill Road, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
35 Baltic Quay, Mill Road, Gateshead has 31 entries in the Land Registry , most recently in August 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 35 Baltic Quay, Mill Road, Gateshead is in very good condition we estimate a sale value of £173,694 and a rental value of £1,234 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,843 and a rental value of £1,093 per month.
Over the last 12 months the sale value of 35 Baltic Quay Mill Road Gateshead has increased by an estimated £208 (0.1%) and its rental value has increased by an estimated £26 per month (2.2%), giving an expected gross yield of 8.5%.
According to HM Land Registry, 35 Baltic Quay, Mill Road, Gateshead was last sold on 30th August 2019 for £192,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2019, the market for similar properties has dropped 39.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35 Baltic Quay, Mill Road, Gateshead within a radius of 540 metres over the last 2 years.
The most recent example is 65 Baltic Quay, Mill Road, Gateshead, NE8 3QX, a leasehold flat which sold for £178,000 on the 31st October 2024.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Road, Gateshead, NE8 has a total of 241 addresses. According to our analysis of all the public data, 35 Baltic Quay, Mill Road, Gateshead is the 77th largest and the 80th most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in NE8.
The closest station to 35 Baltic Quay, Mill Road, Gateshead is Manors station which is 600 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 35 Baltic Quay, Mill Road, Gateshead, % of property is and % is .
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 35 Baltic Quay, Mill Road, Gateshead, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 35 Baltic Quay, Mill Road, Gateshead, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 35 Baltic Quay, Mill Road, Gateshead, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.