40 Wheatsheaf Avenue

    40, WHEATSHEAF AVENUE, NEWARK, NG24 2FL

    This terraced leasehold property on Wheatsheaf Avenue last sold in November 2023 for £70,000. Based on price growth in the NG24 district since then, its estimated current value is £64,586 — placing it in the 1st percentile nationally and the 1st percentile within NG24. The property covers 59 m² (635 sq ft), giving an estimated value of £1,095 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £70,000

    Nov 2023

    Estimated Valuation

    £64,586

    Est. £/sq ft

    £102/sq ft

    £1,095/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area635 sq ft (59 m²)
    EPC dateMar 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Nov 2023

    £70,000

    18 Jul 2003

    £40,000

    30 Jun 2000

    New build

    £43,684

    Key Metrics

    Estimated valuation£64,586
    Value per sq ft / m²£102/sq ft (£1,095/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile1st 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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