Apartment 134 Hanover Mill Hanover Street

    APARTMENT 134 HANOVER MILL, HANOVER STREET, NEWCASTLE UPON TYNE, NE1 3AD

    This flat/maisonette leasehold property on Hanover Street last sold in April 2021 for £220,000. Based on price growth in the NE1 district since then, its estimated current value is £192,640 — placing it in the 23rd percentile nationally and the 73rd percentile within NE1. The property covers 92 m² (990 sq ft), giving an estimated value of £2,094 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £220,000

    Apr 2021

    Estimated Valuation

    £192,640

    Est. £/sq ft

    £195/sq ft

    £2,094/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area990 sq ft (92 m²)
    EPC dateJun 2019
    WallsSystem built, with internal insulation
    HeatingElectric storage heaters

    Transaction History

    1 Apr 2021

    £220,000

    22 Dec 2008

    New build

    £200,000

    Key Metrics

    Estimated valuation£192,640
    Value per sq ft / m²£195/sq ft (£2,094/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile73rd percentile
    National percentile23rd 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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