49 Lavender Way

    49, LAVENDER WAY, NEWARK, NG24 2PJ

    This terraced leasehold property on Lavender Way last sold in August 2018 for £136,000. Based on price growth in the NG24 district since then, its estimated current value is £167,725 — placing it in the 16th percentile nationally and the 30th percentile within NG24. The property covers 56 m² (603 sq ft), giving an estimated value of £2,995 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £136,000

    Aug 2018

    Estimated Valuation

    £167,725

    Est. £/sq ft

    £278/sq ft

    £2,995/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2012-2021
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateMay 2026
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Aug 2018

    £136,000

    22 Jun 2016

    New build

    £133,995

    Key Metrics

    Estimated valuation£167,725
    Value per sq ft / m²£278/sq ft (£2,995/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile30th percentile
    National percentile16th 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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