Apartment 8, Hanover Mill Hanover Street, Newcastle Upon Tyne, NE1 3AB is a leasehold flat built between 1900-1929. The property offers approximately 474 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 £187,990 , which equates to approximately £397 per square foot. It was last sold on 17 Apr 2008 for £165,000. Since then, the value has increased by £22,990, representing a 13.9% increase, or approximately 0.8% per year.

The current estimated value of £187,990 is:

  • 1.0% lower than the average property price on Hanover Street
  • 12.2% higher than the average in the NE1 3AB postcode area
  • and 29.1% 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 rented both times. This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 20 August 2022, the property was recorded as rented.

View sold house prices in NE1 3AB

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
474 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£187,990
Price Per sq ft (estimate)
£397
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 8, 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 20 Aug 2022.

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 16 Dec 2021, and the property received the same rating of B with an unchanged energy efficiency score of 83.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency improving from good to very good, with the construction or insulation remaining solid brick, with internal insulation.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Solid brick, with internal insulation
Very Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 3AB

54 th / 93
Price Rank
12% higher than average
72 nd / 93
Size Rank
28% smaller than average
8 th / 93
Price Per Sq FT Rank
56% higher than average

Compared to other properties in NE1 3AB , this flat's estimated value ranks 54th out of 93. Based on price per square foot, it ranks 8th out of 93 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 72th out of 93 properties in its postcode area.

Sale History

Today
£187,990
streetscan.co.uk estimate
+14 %
17 Apr 2008
£165,000
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 8, Hanover Mill Hanover Street, Newcastle Upon Tyne, Tyne And Wear, NE1 3AB appears once in the Land Registry records, with the transaction recorded on 17 Apr 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Aug 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.