7 Mount Lane

    7, MOUNT LANE, NEWARK, NG24 1JT

    This terraced freehold property on Mount Lane last sold in March 2016 for £80,000. Based on price growth in the NG24 district since then, its estimated current value is £103,436 — placing it in the 4th percentile nationally and the 5th percentile within NG24. The property covers 50 m² (538 sq ft), giving an estimated value of £2,069 per m². The EPC rating is D, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £80,000

    Mar 2016

    Estimated Valuation

    £103,436

    Est. £/sq ft

    £192/sq ft

    £2,069/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialA
    Floor area538 sq ft (50 m²)
    EPC dateMay 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    24 Mar 2016

    £80,000

    Key Metrics

    Estimated valuation£103,436
    Value per sq ft / m²£192/sq ft (£2,069/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile5th percentile
    National percentile4th 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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