53 Lavender Way

    53, LAVENDER WAY, NEWARK, NG24 2PJ

    This terraced leasehold property on Lavender Way last sold in November 2023 for £160,000. Based on price growth in the NG24 district since then, its estimated current value is £147,625 — placing it in the 12th percentile nationally and the 20th percentile within NG24. The property covers 59 m² (635 sq ft), giving an estimated value of £2,502 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £160,000

    Nov 2023

    Estimated Valuation

    £147,625

    Est. £/sq ft

    £232/sq ft

    £2,502/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialA
    Floor area635 sq ft (59 m²)
    EPC dateApr 2016
    WallsAverage thermal transmittance 0.28 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Nov 2023

    £160,000

    31 May 2016

    New build

    £135,995

    Key Metrics

    Estimated valuation£147,625
    Value per sq ft / m²£232/sq ft (£2,502/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile20th percentile
    National percentile12th 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

    More properties in NG24

    Streets in NG24

    Explore nearby