2 Midland Terrace

    2, MIDLAND TERRACE, NEWARK, NG24 1BT

    This terraced freehold property on Midland Terrace last sold in February 2024 for £82,500. Based on price growth in the NG24 district since then, its estimated current value is £77,736 — placing it in the 1st percentile nationally and the 2nd percentile within NG24. The property covers 93 m² (1,001 sq ft), giving an estimated value of £836 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,001 sq ft

    93 m²

    Last Sale Price

    £82,500

    Feb 2024

    Estimated Valuation

    £77,736

    Est. £/sq ft

    £78/sq ft

    £836/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,001 sq ft (93 m²)
    EPC dateDec 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, mains gas

    Transaction History

    28 Feb 2024

    £82,500

    Key Metrics

    Estimated valuation£77,736
    Value per sq ft / m²£78/sq ft (£836/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile2nd percentile
    National percentile1st 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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