Apartment 111 Hanover Mill Hanover Street

    APARTMENT 111 HANOVER MILL, HANOVER STREET, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE1 3AD

    This flat/maisonette leasehold property on Hanover Street last sold in March 2008 for £119,000. Based on price growth in the NE1 district since then, its estimated current value is £107,425 — placing it in the 5th percentile nationally and the 14th percentile within NE1. The property covers 36 m² (388 sq ft), giving an estimated value of £2,984 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    388 sq ft

    36 m²

    Last Sale Price

    £119,000

    Mar 2008

    Estimated Valuation

    £107,425

    Est. £/sq ft

    £277/sq ft

    £2,984/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 2007 onwards
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area388 sq ft (36 m²)
    EPC dateNov 2012
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    25 Mar 2008

    New build

    £119,000

    Key Metrics

    Estimated valuation£107,425
    Value per sq ft / m²£277/sq ft (£2,984/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile14th percentile
    National percentile5th 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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