Apartment 62, Hanover Mill Hanover Street, Newcastle Upon Tyne, NE1 3AB is a leasehold flat built in 2007 onwards. The property offers approximately 893 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £263,507 , which equates to approximately £295 per square foot. It was last sold on 31 Mar 2008 for £235,000. Since then, the value has increased by £28,507, representing a 12.1% increase, or approximately 0.7% per year.

The current estimated value of £263,507 is:

  • 38.8% higher than the average property price on Hanover Street
  • 57.3% higher than the average in the NE1 3AB postcode area
  • and 0.6% lower than the average price for Newcastle Upon Tyne as a whole

View sold house prices in NE1 3AB

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
893 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£263,507
Price Per sq ft (estimate)
£295
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment 62, 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 1 Jun 2019.

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 17 Jun 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 11.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The wall energy efficiency improving from good to very good, with the construction or insulation remaining system built, as built, insulated (assumed).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 3AB

25 th / 93
Price Rank
57% higher than average
25 th / 93
Size Rank
36% bigger than average
63 rd / 93
Price Per Sq FT Rank
16% higher than average

Compared to other properties in NE1 3AB , this flat's estimated value ranks 25th out of 93. Based on price per square foot, it ranks 63th 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 25th out of 93 properties in its postcode area.

Sale History

Today
£263,507
streetscan.co.uk estimate
+12 %
31 Mar 2008
£235,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 904 sq ft
sale price: £196,000
sale date: 28 Jun 2024
rooms: 3
size: 1012 sq ft
sale price: £150,000
sale date: 7 May 2024
rooms: 3
size: 764 sq ft
sale price: £143,500
sale date: 7 Sep 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

Data Sources

The property at Apartment 62, Hanover Mill Hanover Street, Newcastle Upon Tyne, Tyne And Wear, NE1 3AB appears once in the Land Registry records, with the transaction recorded on 31 Mar 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Jun 2019. 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.