Apartment 22 Hanover Mill Hanover Street

    APARTMENT 22 HANOVER MILL, HANOVER STREET, NEWCASTLE UPON TYNE, NE1 3AB

    This flat/maisonette leasehold property on Hanover Street last sold in September 2017 for £143,500. Based on price growth in the NE1 district since then, its estimated current value is £155,846 — placing it in the 14th percentile nationally and the 52nd percentile within NE1. The property covers 71 m² (764 sq ft), giving an estimated value of £2,195 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £143,500

    Sept 2017

    Estimated Valuation

    £155,846

    Est. £/sq ft

    £204/sq ft

    £2,195/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area764 sq ft (71 m²)
    EPC dateJun 2019
    WallsSolid brick, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    7 Sept 2017

    £143,500

    30 Sept 2008

    New build

    £185,000

    Key Metrics

    Estimated valuation£155,846
    Value per sq ft / m²£204/sq ft (£2,195/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile52nd percentile
    National percentile14th 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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