Apartment 4, Hanover Mill Hanover Street, Newcastle Upon Tyne, NE1 3AB is a leasehold flat built before 1900. The property offers approximately 1,119 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £195,603 , which equates to approximately £175 per square foot. It was last sold on 23 Mar 2012 for £145,000. Since then, the value has increased by £50,603, representing a 34.9% increase, or approximately 2.5% per year.

The current estimated value of £195,603 is:

  • 3.0% higher than the average property price on Hanover Street
  • 16.7% higher than the average in the NE1 3AB postcode area
  • and 26.2% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 16 March 2022, the property was recorded as rented.

View sold house prices in NE1 3AB

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
1119 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£195,603
Price Per sq ft (estimate)
£175
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Apartment 4, Hanover Mill Hanover Street, Newcastle Upon Tyne, Tyne And Wear, NE1 3AB has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 16 Mar 2022.

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 19 Oct 2008, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 20.6%.

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 poor 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 solid brick, as built, insulated (assumed) to solid brick, with internal insulation, with no change in energy efficiency (good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Solid brick, with internal insulation
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 3AB

22 nd / 93
Price Rank
17% higher than average
9 th / 93
Size Rank
70% bigger than average
87 th / 93
Price Per Sq FT Rank
31% lower than average

Compared to other properties in NE1 3AB , this flat's estimated value ranks 22th out of 93. Based on price per square foot, it ranks 87th 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 9th out of 93 properties in its postcode area.

Sale History

Today
£195,603
streetscan.co.uk estimate
+35 %
23 Mar 2012
£145,000
Leasehold
-39.6 %
30 Sep 2008
£240,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 1012 sq ft
sale price: £150,000
sale date: 7 May 2024
rooms: 3
size: 1044 sq ft
sale price: £135,000
sale date: 1 Sep 2023
rooms: 3
size: 1233 sq ft
sale price: £130,000
sale date: 10 Sep 2021
rooms: 4
size: 1130 sq ft
sale price: £206,000
sale date: 14 Feb 2019
rooms: 3
size: 1033 sq ft
sale price: £150,000
sale date: 18 Aug 2017

Data Sources

The property at Apartment 4, Hanover Mill Hanover Street, Newcastle Upon Tyne, NE1 3AB appears two times in the Land Registry records, with the latest transaction recorded on 23 Mar 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Mar 2022. 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.