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£160,000
Guide Price

2 bed flat for sale Hanover Street, Newcastle Upon Tyne, NE1 3AB

2 beds 2 baths Flat
Tenure: ask agent

Added yesterday

About this property

Property Reference: EB1494 A well-presented two-bedroom apartment offering modern living with river views. The property features two spacious double bedrooms, including a master with en-suite. An attractive opportunity for investors or young professionals looking for strong city-centre demand.

Key features

  • Property Reference: EB1494
  • OPEN PLAN KITCHEN
  • BALCONY
  • 2 DOUBLE BEDROOMS
  • EN-SUITE
  • GARAGE PARKING
  • RIVER VIEW

Floorplan

Energy performance

Energy rating band C 78
Current
Potential
92+
A
81-91
B
Potential rating: 81 B
69-80
C
Current rating: 78 C
55-68
D
39-54
E
21-38
F
1-20
G

This home is rated band C, scoring 78 out of 100. The average British home is band D. Its certificate says it could reach band B (81) if the improvements it recommends were carried out.

Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.

Price guide

This home
£166 / sq ft
Area average (sold)
£233 / sq ft
Price per area, sold homes nearby
Lowest
This home
Highest

£166 per sq ft, below the middle of recent sales in NE1 (£160–£307, 10th–90th percentile, 136 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 136 homes sold in NE1 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in NE1 →

Location

Hanover Street, Newcastle Upon Tyne, NE1 3AB

Council tax
Band D (Approx £2,542/year)

Mortgage and stamp duty

Property price £160,000
£80k £240k
Deposit10% £16,000
£0 £160k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £144,000 mortgage. Most lenders would want a household income of about £32,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in NE1 3AB. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
Apartment 35, Hanover Mill, Hanover Street Flat / maisonetteFeb 2026883 sq ft £181/sq ft£159,500
Apartment 45, Hanover Mill, Hanover Street Flat / maisonetteMay 2025678 sq ft £251/sq ft£170,000
Apartment 81, Hanover Mill, Hanover Street Flat / maisonetteApr 2025570 sq ft £266/sq ft£152,000
Apartment 10a, Hanover Mill, Hanover Street Flat / maisonetteAug 2024452 sq ft £216/sq ft£97,500
Apartment 49, Hanover Mill, Hanover Street Flat / maisonetteJun 2024904 sq ft £217/sq ft£196,000
Apartment 26, Hanover Mill, Hanover Street Flat / maisonetteMay 20241,012 sq ft £148/sq ft£150,000
Apartment 71, Hanover Mill, Hanover Street Flat / maisonetteFeb 2024527 sq ft £175/sq ft£92,500
Apartment 20, Hanover Mill, Hanover Street Flat / maisonetteSept 20231,044 sq ft £129/sq ft£135,000

All sales on Hanover Street → All sold prices in Newcastle upon Tyne →

Area insights

The neighbourhood around this property.

Marketed by
eXp UK, Eslam Benyousef
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