Apartment 18b Hanover Mill Hanover Street

    APARTMENT 18B HANOVER MILL, HANOVER STREET, NEWCASTLE UPON TYNE, NE1 3AB

    This flat/maisonette leasehold property on Hanover Street last sold in September 2018 for £85,000. Based on price growth in the NE1 district since then, its estimated current value is £94,776 — placing it in the 3rd percentile nationally and the 8th percentile within NE1. The property covers 108 m² (1,163 sq ft), giving an estimated value of £878 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,163 sq ft

    108 m²

    Last Sale Price

    £85,000

    Sept 2018

    Estimated Valuation

    £94,776

    Est. £/sq ft

    £82/sq ft

    £878/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area1,163 sq ft (108 m²)
    EPC dateAug 2020
    WallsSolid brick, with internal insulation
    HeatingElectric storage heaters

    Transaction History

    24 Sept 2018

    £85,000

    28 Aug 2013

    £70,000

    Key Metrics

    Estimated valuation£94,776
    Value per sq ft / m²£82/sq ft (£878/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile8th percentile
    National percentile3rd percentile

    District Context — NE1

    NE1 covers Newcastle city centre and its immediate surroundings in Tyne and Wear, positioned as the region's economic and cultural hub. It is a mixed-tenure urban neighbourhood with strong rental demand and a youthful demographic profile.

    Average Property Price - NE1

    £172,297

    6

    National percentile

    Average Net Household Income - NE1

    £588

    0

    National percentile

    10-Year Annualised Price Growth - NE1

    2.0%

    9

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE1

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