16 Markwick Close

    16, MARKWICK CLOSE, NEWARK, NG24 2LG

    This detached freehold property on Markwick Close last sold in May 2017 for £167,500. Based on price growth in the NG24 district since then, its estimated current value is £223,945 — placing it in the 31st percentile nationally and the 54th percentile within NG24. The property covers 73 m² (786 sq ft), giving an estimated value of £3,068 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £167,500

    May 2017

    Estimated Valuation

    £223,945

    Est. £/sq ft

    £285/sq ft

    £3,068/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area786 sq ft (73 m²)
    EPC dateOct 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 May 2017

    £167,500

    28 May 2004

    £116,950

    Key Metrics

    Estimated valuation£223,945
    Value per sq ft / m²£285/sq ft (£3,068/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile54th percentile
    National percentile31st 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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