Apartment 56, Hanover Mill Hanover Street, Newcastle Upon Tyne, NE1 3AB is a leasehold flat built between 1996-2002. The property offers approximately 431 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £131,193 , which equates to approximately £305 per square foot. It was last sold on 28 Mar 2008 for £117,000. Since then, the value has increased by £14,193, representing a 12.1% increase, or approximately 0.7% per year.

The current estimated value of £131,193 is:

  • 30.9% lower than the average property price on Hanover Street
  • 21.7% lower than the average in the NE1 3AB postcode area
  • and 50.5% 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 once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 16 July 2021, the property was recorded as rented.

View sold house prices in NE1 3AB

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
431 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£131,193
Price Per sq ft (estimate)
£305
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 56, 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 16 Jul 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 31 Mar 2011. The rating of C remains the same, but the energy efficiency score improved by 2.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from good to average, while the heating system type remained the same (electric storage heaters).
  • The hot water system was changed from no system present: electric immersion assumed to electric immersion, off-peak, with its energy efficiency changing from average to very poor.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 3AB

82 nd / 93
Price Rank
22% lower than average
81 st / 93
Size Rank
35% smaller than average
56 th / 93
Price Per Sq FT Rank
20% higher than average

Compared to other properties in NE1 3AB , this flat's estimated value ranks 82th out of 93. Based on price per square foot, it ranks 56th out of 93 properties. In terms of size, this home ranks 81th out of 93 properties in its postcode area.

Sale History

Today
£131,193
streetscan.co.uk estimate
+12 %
28 Mar 2008
£117,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 452 sq ft
sale price: £97,500
sale date: 7 Aug 2024
rooms: 3
size: 366 sq ft
sale price: £84,500
sale date: 24 Jun 2020
rooms: 2
size: 388 sq ft
sale price: £85,000
sale date: 24 Sep 2018
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 56, Hanover Mill Hanover Street, Newcastle Upon Tyne, Tyne And Wear, NE1 3AB appears once in the Land Registry records, with the transaction recorded on 28 Mar 2008. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Jul 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.