Apartment 49, Hanover Mill Hanover Street, Newcastle Upon Tyne, NE1 3AB is a leasehold flat built before 1900. The property offers approximately 904 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £206,081 , which equates to approximately £228 per square foot. It was last sold on 28 Jun 2024 for £196,000. Since then, the value has increased by £10,081, representing a 5.1% increase, or approximately 3.5% per year.

The current estimated value of £206,081 is:

  • 8.5% higher than the average property price on Hanover Street
  • 23.0% higher than the average in the NE1 3AB postcode area
  • and 22.3% 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 3 May 2024, the property was recorded as owner-occupied.

View sold house prices in NE1 3AB

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
904 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£206,081
Price Per sq ft (estimate)
£228
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment 49, Hanover Mill Hanover Street, Newcastle Upon Tyne, Tyne And Wear, NE1 3AB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 May 2024.

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 4 Feb 2014, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 14.6%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to very poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The lighting was changed from low energy lighting in 88% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 250 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 3AB

21 st / 93
Price Rank
23% higher than average
24 th / 93
Size Rank
37% bigger than average
59 th / 93
Price Per Sq FT Rank
10% lower than average

Compared to other properties in NE1 3AB , this flat's estimated value ranks 21th out of 93. Based on price per square foot, it ranks 59th out of 93 properties. In terms of size, this home ranks 24th out of 93 properties in its postcode area.

Sale History

Today
£206,081
streetscan.co.uk estimate
+5 %
28 Jun 2024
£196,000
Leasehold
+13.3 %
12 Mar 2021
£173,000
Leasehold
+8.1 %
13 Nov 2015
£160,000
Leasehold
+14.3 %
1 Jun 2010
£140,000
Leasehold
-41.7 %
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: 1033 sq ft
sale price: £150,000
sale date: 18 Aug 2017
rooms: 3
size: 1012 sq ft
sale price: £175,000
sale date: 28 Jul 2017
rooms: 3
size: 883 sq ft
sale price: £145,000
sale date: 3 Mar 2017
rooms: 3
size: 936 sq ft
sale price: £160,000
sale date: 29 Jul 2016

Data Sources

The property at Apartment 49, Hanover Mill Hanover Street, Newcastle Upon Tyne, NE1 3AB appears five times in the Land Registry records, with the latest transaction recorded on 28 Jun 2024. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 3 May 2024. 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.