1 Lavender Way

    1, LAVENDER WAY, NEWARK, NG24 2PJ

    This flat/maisonette leasehold property on Lavender Way last sold in December 2019 for £127,500. Based on price growth in the NG24 district since then, its estimated current value is £138,709 — placing it in the 10th percentile nationally and the 16th percentile within NG24. The property covers 66 m² (710 sq ft), giving an estimated value of £2,102 per m². The EPC rating is C, with a potential rating of A.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £127,500

    Dec 2019

    Estimated Valuation

    £138,709

    Est. £/sq ft

    £195/sq ft

    £2,102/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialA
    Floor area710 sq ft (66 m²)
    EPC dateFeb 2016
    WallsAverage thermal transmittance 0.28 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Dec 2019

    £127,500

    29 Apr 2016

    £124,995

    Key Metrics

    Estimated valuation£138,709
    Value per sq ft / m²£195/sq ft (£2,102/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile16th percentile
    National percentile10th 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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