Apartment 126 Hanover Mill Hanover Street

    APARTMENT 126 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 £171,000. Based on price growth in the NE1 district since then, its estimated current value is £154,367 — placing it in the 13th percentile nationally and the 51st percentile within NE1. The property covers 47 m² (506 sq ft), giving an estimated value of £3,284 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £171,000

    Mar 2008

    Estimated Valuation

    £154,367

    Est. £/sq ft

    £305/sq ft

    £3,284/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area506 sq ft (47 m²)
    EPC dateJul 2019
    WallsSystem built, as built, insulated (assumed)
    HeatingElectric storage heaters, Room heaters, electric

    Transaction History

    20 Mar 2008

    New build

    £171,000

    Key Metrics

    Estimated valuation£154,367
    Value per sq ft / m²£305/sq ft (£3,284/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile51st percentile
    National percentile13th 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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