3 Welland Close

    3, WELLAND CLOSE, NEWARK, NG24 2HE

    This detached freehold property on Welland Close last sold in November 2019 for £145,000. Based on price growth in the NG24 district since then, its estimated current value is £183,428 — placing it in the 20th percentile nationally and the 38th percentile within NG24. The property covers 62 m² (667 sq ft), giving an estimated value of £2,959 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £145,000

    Nov 2019

    Estimated Valuation

    £183,428

    Est. £/sq ft

    £275/sq ft

    £2,959/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateJul 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Nov 2019

    £145,000

    Key Metrics

    Estimated valuation£183,428
    Value per sq ft / m²£275/sq ft (£2,959/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile38th percentile
    National percentile20th 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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