2 Preston Road

    2, PRESTON ROAD, NEWARK, NG24 2GE

    This detached freehold property on Preston Road last sold in March 2020 for £298,000. Based on price growth in the NG24 district since then, its estimated current value is £337,191 — placing it in the 57th percentile nationally and the 85th percentile within NG24. The property covers 145 m² (1,561 sq ft), giving an estimated value of £2,325 per m². The EPC rating is C, with a potential rating of B.

    See wider trends for Preston Road →

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,561 sq ft

    145 m²

    Last Sale Price

    £298,000

    Mar 2020

    Estimated Valuation

    £337,191

    Est. £/sq ft

    £216/sq ft

    £2,325/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,561 sq ft (145 m²)
    EPC dateJul 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Mar 2020

    £298,000

    9 Apr 2015

    £258,000

    9 Dec 2011

    £200,000

    22 Mar 2005

    £220,000

    25 Oct 1999

    New build

    £124,000

    Key Metrics

    Estimated valuation£337,191
    Value per sq ft / m²£216/sq ft (£2,325/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile85th percentile
    National percentile57th percentile

    District Context — NG24

    See wider trends for 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

    £233,014

    23

    National percentile

    12 month avg at 31 Jul 2026

    Average Net Household Income - NG24

    £36,370

    40

    National percentile

    2023 census data

    10-Year Annualised Price Growth - NG24

    3.9%

    76

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - NG

    4.8%

    89

    National percentile

    Estimate at 31 Jul 2026

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