Apartment 18B, Hanover Mill Hanover Street, Newcastle Upon Tyne, NE1 3AB is a leasehold flat built between 2003-2006. The property offers approximately 388 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £100,730 , which equates to approximately £260 per square foot. It was last sold on 24 Sep 2018 for £85,000. Since then, the value has increased by £15,730, representing a 18.5% increase, or approximately 2.6% per year.

The current estimated value of £100,730 is:

  • 46.9% lower than the average property price on Hanover Street
  • 39.9% lower than the average in the NE1 3AB postcode area
  • and 62.0% lower than the average price for Newcastle Upon Tyne as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 12 April 2021, the property was recorded as owner-occupied.

View sold house prices in NE1 3AB

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
388 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£100,730
Price Per sq ft (estimate)
£260
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 18B, Hanover Mill Hanover Street, Newcastle Upon Tyne, Tyne And Wear, NE1 3AB has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 12 Apr 2021.

This property uses electric storage 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 21 Jan 2010. The rating of B is unchanged, though the energy efficiency score decreased by 1.2%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to solid brick, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 91% of fixed outlets to low energy lighting in 17% of fixed outlets, with efficiency changing from very good to poor.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 17% of fixed outlets
Poor

Compared to NE1 3AB

90 th / 93
Price Rank
40% lower than average
86 th / 93
Size Rank
41% smaller than average
80 th / 93
Price Per Sq FT Rank
2% higher than average

Compared to other properties in NE1 3AB , this flat's estimated value ranks 90th out of 93. Based on price per square foot, it ranks 80th out of 93 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 86th out of 93 properties in its postcode area.

Sale History

Today
£100,730
streetscan.co.uk estimate
+19 %
24 Sep 2018
£85,000
Leasehold
+21.4 %
28 Aug 2013
£70,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 366 sq ft
sale price: £84,500
sale date: 24 Jun 2020
rooms: 2
size: 420 sq ft
sale price: £61,500
sale date: 10 May 2018
rooms: 2
size: 409 sq ft
sale price: £105,000
sale date: 29 Jul 2016
rooms: 2
size: 431 sq ft
sale price: £70,000
sale date: 6 Jun 2014
rooms: 1
size: 344 sq ft
sale price: £74,000
sale date: 31 Oct 2013

Data Sources

The property at Apartment 18B, Hanover Mill Hanover Street, Newcastle Upon Tyne, NE1 3AB appears two times in the Land Registry records, with the latest transaction recorded on 24 Sep 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Apr 2021. 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.