Apartment 42, Hanover Mill Hanover Street, Newcastle Upon Tyne, NE1 3AB is a leasehold flat built between 2003-2006. The property offers approximately 463 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £125,586 , which equates to approximately £271 per square foot. It was last sold on 20 Mar 2008 for £112,000. Since then, the value has increased by £13,586, representing a 12.1% increase, or approximately 0.7% per year.

The current estimated value of £125,586 is:

  • 33.9% lower than the average property price on Hanover Street
  • 25.0% lower than the average in the NE1 3AB postcode area
  • and 52.6% 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 3AB

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
463 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£125,586
Price Per sq ft (estimate)
£271
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 42, 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 17 Jul 2023.

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 30 Apr 2012, and the property received the same rating of B with an unchanged energy efficiency score of 82.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, insulated (assumed), changing energy efficiency from very good to good.
  • The wall construction or insulation changed from cavity wall, with internal insulation to solid brick, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 88% of fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, insulated (assumed)
Good
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 88% of fixed outlets
Very Good

Compared to NE1 3AB

83 rd / 93
Price Rank
25% lower than average
75 th / 93
Size Rank
30% smaller than average
73 rd / 93
Price Per Sq FT Rank
7% higher than average

Compared to other properties in NE1 3AB , this flat's estimated value ranks 83th out of 93. Based on price per square foot, it ranks 73th 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 75th out of 93 properties in its postcode area.

Sale History

Today
£125,586
streetscan.co.uk estimate
+12 %
20 Mar 2008
£112,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 452 sq ft
sale price: £97,500
sale date: 7 Aug 2024
rooms: 2
size: 527 sq ft
sale price: £92,500
sale date: 26 Feb 2024
rooms: 2
size: 517 sq ft
sale price: £118,000
sale date: 30 Jan 2019
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

Data Sources

The property at Apartment 42, Hanover Mill Hanover Street, Newcastle Upon Tyne, Tyne And Wear, NE1 3AB 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.


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