Apartment 127 Hanover Mill Hanover Street

    APARTMENT 127 HANOVER MILL, HANOVER STREET, NEWCASTLE UPON TYNE, NE1 3AD

    This flat/maisonette leasehold property on Hanover Street last sold in January 2018 for £160,000. Based on price growth in the NE1 district since then, its estimated current value is £178,401 — placing it in the 19th percentile nationally and the 65th percentile within NE1. The property covers 47 m² (506 sq ft), giving an estimated value of £3,796 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

    £160,000

    Jan 2018

    Estimated Valuation

    £178,401

    Est. £/sq ft

    £353/sq ft

    £3,796/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

    19 Jan 2018

    £160,000

    28 Feb 2014

    £150,000

    14 May 2010

    £150,000

    20 Feb 2009

    New build

    £249,000

    Key Metrics

    Estimated valuation£178,401
    Value per sq ft / m²£353/sq ft (£3,796/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile65th percentile
    National percentile19th 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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