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According to the public record, 39 Baltic Quay, Mill Road, Gateshead is a modern leasehold apartment with 1,485 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 39 Baltic Quay, Mill Road, Gateshead is £224,505 and the estimated rental value is £1,565 per month.
Mill Road, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
39 Baltic Quay, Mill Road, Gateshead has 31 entries in the Land Registry , most recently in June 2022 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property 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 39 Baltic Quay, Mill Road, Gateshead is in very good condition we estimate a sale value of £235,730 and a rental value of £1,644 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,789 and a rental value of £1,456 per month.
Over the last 12 months the sale value of 39 Baltic Quay Mill Road Gateshead has increased by an estimated £282 (0.1%) and its rental value has increased by an estimated £35 per month (2.2%), giving an expected gross yield of 8.4%.
39 Baltic Quay, Mill Road, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 39 Baltic Quay, Mill Road, Gateshead was last sold on 21st June 2022 for £430,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since June 2022, the market for similar properties has dropped 38.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39 Baltic Quay, Mill Road, Gateshead within a radius of 540 metres over the last 2 years.
The most recent example is 240 Baltic Quay, Mill Road, Gateshead, NE8 3QZ, a leasehold flat which sold for £575,000 on the 10th May 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, 39 Baltic Quay, Mill Road, Gateshead is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £89k more expensive than the average property in NE8.
The closest station to 39 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 39 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 39 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 39 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 39 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.
