3 Southfield Terrace

    3, SOUTHFIELD TERRACE, NEWARK, NG24 4XH

    This terraced freehold property on Southfield Terrace last sold in May 2014 for £83,000. Based on price growth in the NG24 district since then, its estimated current value is £114,423 — placing it in the 6th percentile nationally and the 8th percentile within NG24. The property covers 51 m² (549 sq ft), giving an estimated value of £2,244 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £83,000

    May 2014

    Estimated Valuation

    £114,423

    Est. £/sq ft

    £208/sq ft

    £2,244/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area549 sq ft (51 m²)
    EPC dateMar 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 May 2014

    £83,000

    30 Jun 1997

    £38,000

    Key Metrics

    Estimated valuation£114,423
    Value per sq ft / m²£208/sq ft (£2,244/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile8th percentile
    National percentile6th 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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