Property profile

Apartment 5 Hanover MillHanover Street

Map showing Apartment 5 Hanover Mill, Hanover Street, Newcastle Upon Tyne

Estimated sale price

£105,000

Flats sold in Monument

The box shows the middle 50% of flats sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold02 Jun 2023
£72,000Change since last sale: +£32,000 (+44%)
Annualised change
+12% per yearNewcastle upon Tyne annualised change (flats) since 2023: +2.2% per yearThis property's value grew faster than the market
Price per sq ftLocal median £219 per sq ft
£182 per sq ftEstimate vs local median: −£36 per sq ft (−17%)
Local sold pricesMedian for flats in Monument
£142,500Estimate vs local median: −£39,000 (−27%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeFlat / Mid-Terrace
TenureLeasehold
Construction periodbefore 1900
Floor area53 m² / 570 sq ft
Rooms2 habitable / 2 heated
Floor level2
EPC ratingC
EPC inspection17 Jul 2020

Sales history

DatePriceChange
02 Jun 2023£72,000-53%
09 May 2008£152,000-

Local market

Property prices in Monument

Median price£147,500
Price per sq ft£222
Sales (last 12 months)68
Typical range (middle 50%)£117K – £176K

Based on 68 recent sales, the median property price is £147,500 (about £222 per square foot) in Monument area, with individual transactions ranging from £37,000 up to £920,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Monument over the last year.
TypeSalesMedian£/sq ft
Terraced3£875,000£286
Semi-Detached1£305,000£251
Flats64£142,500£219

10-year price trendmedian sale price in Monument

Sale price

Ten year median sale price trend for each property type in Monument.
YearFlatsTerraced
2016£120,625£217,500
2017£154,950£236,000
2018£137,500£262,500
2019£145,000£490,000
2020£170,000£270,000
2021£168,750£413,000
2022£137,500£210,500
2023£135,000£275,000
2024£142,500£315,000
2025£140,000£390,000
2026£150,000£875,000
Ten year median sale price trend for each property type in Monument.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Monument.
YearFlatsTerraced
2016£199£133
2017£214£161
2018£208£164
2019£201£209
2020£222£206
2021£203£237
2022£219£212
2023£227£199
2024£216£204
2025£217£203
2026£200£286
Ten year median sale price per square foot trend for each property type in Monument.

Price distribution by property typelast 12 months

Price distribution by property type for Monument in the last year.

Recent sales

There were 22 recent sold properties in the last 18 months near NE1 3AB.

Recent sold properties in the last 18 months near NE1 3AB
DateAddressTypeTenurePriceMap
27 Feb 2026Apartment 35, Hanover Mill, Hanover Street, Newcastle Upon Tyne, NE1 3ABFlatsLeasehold£159,500
07 Nov 2025Apartment 85, Hanover Mill, Hanover Street, Newcastle Upon Tyne, NE1 3ABFlatsLeasehold£70,000
23 May 2025Apartment 45, Hanover Mill, Hanover Street, Newcastle Upon Tyne, NE1 3ABFlatsLeasehold£170,000
02 May 2025Apartment 25, Hanover Mill, Hanover Street, Newcastle Upon Tyne, NE1 3ABFlatsLeasehold£107,500
02 May 2025Apartment 25, Hanover Mill, Hanover Street, Newcastle Upon Tyne, NE1 3ABFlatsLeasehold£107,500

Other properties at this postcode

Area insights for NE1 3AB

Full area profile →

Overview

Postcode NE1 3AB is located in a major urban area, within the Monument ward of Newcastle upon Tyne in the North East region, and forms part of the Newcastle City Centre area. It has average deprivation and very high crime levels, with around 715.2 crimes per 1,000 residents per year, roughly 6.1× the North East average of 117 per 1,000. The average income per household in Newcastle City Centre is £47,448 per year. The nearest station is Newcastle, about 0.2 miles away. There are 5 primary and 2 secondary schools in the area. There are 3 parks nearby, the closest medium park is Windmill Hills Park.

Crime rate
10/10
Crimes per 1k residents
715
Deprivation level
6/10
Income level
7/10
Social housing
2.4%
Connectivity
N/A
Flood Risk
No risk
Noise Level
Low

Deprivation level

6/10

Newcastle City Centre has an average level of deprivation, ranked at position 15,793 out of 32,844 areas in the United Kingdom, placing it within the top 48% most deprived areas in England.

Crime level

10/10

Newcastle City Centre has a very high crime rate, with approximately 715.2 reported incidents per 1,000 population each year.

Social housing

2.4%

Approximately 2.4% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 29.2% of dwellings are socially rented.

Income level

7/10

The average income per household in Newcastle City Centre is £47,448 per year.

Noise Level

Low

Low noise level (55.0-59.9 dB) from road, approximately 71 ft away from NE1 3AB.

Flood risk

No risk

Newcastle City Centre near NE1 3AB has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Newcastle located about 0.2 miles away. There are 2 stations nearby.

Nearby public transport stations for NE1 3AB
DistanceNameLinesDirections
0.2 mi

Newcastle

N/A

Walking directions to Newcastle
0.6 mi

Manors

N/A

Walking directions to Manors

Parks

Nearby parks and green spaces for NE1 3AB
DistanceNameSizeDirections
0.4 miWindmill Hills ParkMediumWalking directions to Windmill Hills Park
0.3 miRedheugh Bridge ParkSmallWalking directions to Redheugh Bridge Park
0.4 miBank House PlazaSmallWalking directions to Bank House Plaza

Area Profile

Population
411
Population density
3,774.3 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
393.98(+919%)
Anti-social behaviour
157.69(+622%)
Public order
80.54(+883%)
Other theft
62.59(+945%)
Drugs
54.34(+1625%)
North East average

Demographics

Ethnic groups

British
175
42.58%
Chinese
98
23.84%
Other White
46
11.19%
Other Mixed or Multiple ethnic groups
20
4.87%
Indian
18
4.38%
Total population: 411

Economics

Education (age 16+)

Level 4+ (Degree)
270
67.84%
Level 3 (A level)
107
26.88%
No qualifications
8
2.01%
Level 1 (GCSEs 3-1)
6
1.51%
Level 2 (GCSEs 9-4)
6
1.51%
Total 16+ residents: 398

Housing

Housing tenure

Private landlord or letting agency
53
42.06%
Owns outright
47
37.3%
Owns with a mortgage
21
16.67%
Other social rented
3
2.38%
Other forms of private rent
2
1.59%
Total households: 126

Schools

In the NE1 3AB postcode area, located within Newcastle City Centre, there are 5 primary and 2 secondary schools in close proximity.

Nearby primary and secondary schools for NE1 3AB
DistancePhaseNameTypeRating
0.1 miSecondaryNorth East Futures UTCUniversity technical college

Requires improvement

0.4 miSecondaryCallerton AcademyFree schools

Good

0.5 miPrimaryOur Lady and St Anne's Catholic Primary SchoolAcademy converter

Good

Local amenities

15 nearby supermarkets & convenience stores within mi of NE1 3AB

Nearby supermarkets & convenience stores for NE1 3AB
DistanceNameAddressDirections
0.1 miArch Convenience StoreForth Street, Newcastle upon Tyne, NE1 3NYWalking directions to Arch Convenience Store
0.2 miM&S Simply FoodNeville Street, Newcastle upon Tyne, NE1 5DLWalking directions to M&S Simply Food
0.2 miSainsbury's LocalNeville Street, Newcastle upon Tyne, NE1 5DLWalking directions to Sainsbury's Local
0.3 miMetro Express14 Grainger Street, Newcastle upon Tyne, NE1 5EWWalking directions to Metro Express
0.3 miBest-one13 Grainger Street, Newcastle upon Tyne, NE1 5DQWalking directions to Best-one