Apartment 116, Hanover Mill Hanover Street, Newcastle Upon Tyne, NE1 3AD is a leasehold flat built between 2003-2006. The property offers approximately 570 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £160,347 , which equates to approximately £281 per square foot. It was last sold on 20 Mar 2008 for £143,000. Since then, the value has increased by £17,347, representing a 12.1% increase, or approximately 0.7% per year.

The current estimated value of £160,347 is:

  • 15.5% lower than the average property price on Hanover Street
  • 15.9% lower than the average in the NE1 3AD postcode area
  • and 39.5% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 17 July 2023, the property was recorded as owner-occupied.

View sold house prices in NE1 3AD

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£160,347
Price Per sq ft (estimate)
£281
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 116, Hanover Mill Hanover Street, Newcastle Upon Tyne, Tyne And Wear, NE1 3AD has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 17 Jul 2023.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 30 Apr 2012, when the property was rated B. The current rating of D reflects a decline in energy efficiency of 26.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, with internal insulation to system built, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The lighting was updated from low energy lighting in all fixed outlets to no low energy lighting, with efficiency changing from very good to very poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to NE1 3AD

38 th / 45
Price Rank
16% lower than average
25 th / 45
Size Rank
8% smaller than average
36 th / 45
Price Per Sq FT Rank
8% lower than average

Compared to other properties in NE1 3AD , this flat's estimated value ranks 38th out of 45. Based on price per square foot, it ranks 36th out of 45 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 25th out of 45 properties in its postcode area.

Sale History

Today
£160,347
streetscan.co.uk estimate
+12 %
20 Mar 2008
£143,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 527 sq ft
sale price: £168,000
sale date: 1 Apr 2008
rooms: 3
size: 506 sq ft
sale price: £169,000
sale date: 28 Mar 2008
rooms: 3
size: 506 sq ft
sale price: £168,000
sale date: 27 Mar 2008
rooms: 3
size: 506 sq ft
sale price: £168,000
sale date: 27 Mar 2008
rooms: 3
size: 506 sq ft
sale price: £168,000
sale date: 27 Mar 2008

Data Sources

The property at Apartment 116, Hanover Mill Hanover Street, Newcastle Upon Tyne, Tyne And Wear, NE1 3AD appears once in the Land Registry records, with the transaction recorded on 20 Mar 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Jul 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.