7 Philip Road

    7, PHILIP ROAD, NEWARK, NG24 4LX

    This terraced freehold property on Philip Road last sold in February 2018 for £120,000. Based on price growth in the NG24 district since then, its estimated current value is £147,992 — placing it in the 12th percentile nationally and the 20th percentile within NG24. The property covers 85 m² (915 sq ft), giving an estimated value of £1,741 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £120,000

    Feb 2018

    Estimated Valuation

    £147,992

    Est. £/sq ft

    £162/sq ft

    £1,741/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area915 sq ft (85 m²)
    EPC dateApr 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Feb 2018

    £120,000

    28 Jun 2004

    £79,950

    Key Metrics

    Estimated valuation£147,992
    Value per sq ft / m²£162/sq ft (£1,741/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

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