5a Chain Lane

    5A, CHAIN LANE, NEWARK, NG24 1AU

    This flat/maisonette leasehold property on Chain Lane last sold in February 2022 for £85,000. Based on price growth in the NG24 district since then, its estimated current value is £85,025 — placing it in the 2nd percentile nationally and the 2nd percentile within NG24. The property covers 52 m² (560 sq ft), giving an estimated value of £1,635 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £85,000

    Feb 2022

    Estimated Valuation

    £85,025

    Est. £/sq ft

    £152/sq ft

    £1,635/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area560 sq ft (52 m²)
    EPC dateJul 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    8 Feb 2022

    £85,000

    29 Mar 2017

    £83,000

    31 Jan 2007

    £74,000

    8 Apr 2004

    £55,000

    Key Metrics

    Estimated valuation£85,025
    Value per sq ft / m²£152/sq ft (£1,635/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile2nd percentile
    National percentile2nd percentile

    District Context — NG24

    NG24 covers the Newark and Sherwood area in Nottinghamshire, positioned in the East Midlands between Nottingham and Lincoln. It is a mixed residential and market-town district with a blend of suburban and rural character.

    Average Property Price - NG24

    £240,332

    25

    National percentile

    Average Net Household Income - NG24

    £36,370

    40

    National percentile

    10-Year Annualised Price Growth - NG24

    4.2%

    73

    National percentile

    10-Year Annualised Rent Growth - NG

    4.7%

    87

    National percentile

    View full analysis for NG24

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