7 Magnus Street

    7, MAGNUS STREET, NEWARK, NG24 1LB

    This detached freehold property on Magnus Street last sold in May 2013 for £395,000. Based on price growth in the NG24 district since then, its estimated current value is £648,819 — placing it in the 88th percentile nationally and the 99th percentile within NG24. The property covers 276 m² (2,971 sq ft), giving an estimated value of £2,351 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,971 sq ft

    276 m²

    Last Sale Price

    £395,000

    May 2013

    Estimated Valuation

    £648,819

    Est. £/sq ft

    £218/sq ft

    £2,351/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageH
    Habitable rooms10
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area2,971 sq ft (276 m²)
    EPC dateAug 2012
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 May 2013

    £395,000

    Key Metrics

    Estimated valuation£648,819
    Value per sq ft / m²£218/sq ft (£2,351/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile99th percentile
    National percentile88th 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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