54, Milling Court
54, Milling Court
Description & Estimates
54, Milling Court, Gateshead is described in the public record as a mid-century apartment with 505 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 54, Milling Court, Gateshead is £67,312 and its rental estimate is £552 per month, given the available information and assuming reasonable condition.
Milling Court, Gateshead, NE8 falls within the NE8 postal district, in the borough of Gateshead.
Our Data Sources
54, Milling Court, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated December 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 54, Milling Court, Gateshead, we estimate a market value of £70,677 and a rental value of £580 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £62,600 and £513 per month respectively.
Recent Market Change
Over the last year, 54, Milling Court, Gateshead has seen its estimated sale value decrease by £1 (0.0%) and its estimated rental value grow by £11 per month (1.9%). This results in an estimated gross rental yield of 9.8%.
Energy Efficiency
54, Milling Court, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 54, Milling Court, Gateshead have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th August 2023, was 18, Bensham Crescent, Gateshead, NE8 2YB, a leasehold flat which sold for £65,000.
Read more about house prices in NE8.
- Sold Aug 2023£65,000 | 2 Bed Flat18, Bensham Crescent, Gateshead, NE8 2YB18, Bensham Crescent, Gateshead, NE8 2YB
- Sold Jun 2017£55,000 | 2 Bed Flat41, Upton Street, Gateshead, NE8 2PL41, Upton Street, Gateshead, NE8 2PL
- Sold Aug 2016£48,000 | 1 Bed Flat26, Duke Walk, Gateshead, NE8 2NU26, Duke Walk, Gateshead, NE8 2NU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 98 addresses on Milling Court, Gateshead, NE8, 54, Milling Court, Gateshead comes out as the 93rd largest and the 83rd most expensive in our analysis of the public data.
It is also £70k less expensive than the average property across the NE8 district.
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Schools Nearby
- 400mSt Aidan's Church of England Primary School
- 700mBrighton Avenue Primary School
- 1.1kmSt Philip Neri Catholic Primary School, Dunston
- 1.2kmNorth East Futures UTC
- 2.1kmKingsmeadow Community School
- 3.3kmGrace College
More reading links
Public Transport Nearby
From 54, Milling Court, Gateshead, the nearest station is Newcastle, 1.3 kilometres away.
- 1.3kmNewcastle
- 1.4kmDunston
- 2.1kmManors
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.
