Apartment 48 Hanover Mill Hanover Street

    APARTMENT 48 HANOVER MILL, HANOVER STREET, NEWCASTLE UPON TYNE, NE1 3AB

    This flat/maisonette leasehold property on Hanover Street last sold in April 2012 for £113,500. Based on price growth in the NE1 district since then, its estimated current value is £138,643 — placing it in the 10th percentile nationally and the 39th percentile within NE1. The property covers 49 m² (527 sq ft), giving an estimated value of £2,829 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £113,500

    Apr 2012

    Estimated Valuation

    £138,643

    Est. £/sq ft

    £263/sq ft

    £2,829/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area527 sq ft (49 m²)
    EPC dateDec 2018
    WallsSolid brick, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    5 Apr 2012

    £113,500

    30 Sept 2008

    New build

    £215,000

    Key Metrics

    Estimated valuation£138,643
    Value per sq ft / m²£263/sq ft (£2,829/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile39th percentile
    National percentile10th 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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