8, Hanover Walk
8, Hanover Walk
Description & Estimates
The public record describes 8, Hanover Walk, Newcastle Upon Tyne as a mid-century apartment with 473 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
8, Hanover Walk, Newcastle Upon Tyne has an estimated sale value of £69,269 and an estimated rental value of £484 per month, assuming reasonable condition and based on the information available.
Hanover Walk, Newcastle Upon Tyne, NE5 lies in the borough of Newcastle upon Tyne, within the NE5 postal district.
Our Data Sources
8, Hanover Walk, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated July 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 8, Hanover Walk, Newcastle Upon Tyne would be worth £72,733, with a potential rental value of £508 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £64,420, with a rental value of £450 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Hanover Walk, Newcastle Upon Tyne has declined by £512 (0.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £8 (1.7%). The property's estimated gross yield is currently 8.4%.
Energy Efficiency
8, Hanover Walk, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jul 2023.
The property is connected to mains gas and has fully triple glazed windows. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 540 metres of 8, Hanover Walk, Newcastle Upon Tyne across the last 2 years.
Most recently, 11, Hanover Walk, Newcastle Upon Tyne, NE5 1EF, a leasehold house, sold at £185,000 on the 30th March 2022.
Read more about house prices in NE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 8, Hanover Walk, Newcastle Upon Tyne as the 9th largest and the 9th most expensive of the 18 addresses on Hanover Walk, Newcastle Upon Tyne, NE5.
Against the NE5 postcode district average, it is £90k less expensive than the typical property.
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Schools Nearby
- 100mMilecastle Primary School
- 400mKnop Law Primary School
- 700mSt John Vianney Catholic Primary School, West Denton
- 1.2kmStudio West
- 1.6kmWalbottle Academy
- 1.8kmCallerton Academy
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Public Transport Nearby
Blaydon station is the nearest stop to 8, Hanover Walk, Newcastle Upon Tyne at 3.5 kilometres away.
- 3.5kmBlaydon
- 5.3kmMetroCentre
- 6.7kmWylam
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
