Apartment 92 Hanover Mill Hanover Street

    APARTMENT 92 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 £168,000. Based on price growth in the NE1 district since then, its estimated current value is £151,658 — placing it in the 13th percentile nationally and the 49th percentile within NE1. The property covers 52 m² (560 sq ft), giving an estimated value of £2,917 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £168,000

    Mar 2008

    Estimated Valuation

    £151,658

    Est. £/sq ft

    £271/sq ft

    £2,917/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 2007 onwards
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area560 sq ft (52 m²)
    EPC dateJun 2012
    WallsCavity wall, with internal insulation
    HeatingElectric storage heaters

    Transaction History

    25 Mar 2008

    New build

    £168,000

    Key Metrics

    Estimated valuation£151,658
    Value per sq ft / m²£271/sq ft (£2,917/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile49th 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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