Flat 1 Sherwood Lodge North Drive

    FLAT 1 SHERWOOD LODGE, NORTH DRIVE, FERNWOOD, NEWARK, NG24 3JX

    This flat/maisonette leasehold property on North Drive last sold in February 2022 for £68,000. Based on price growth in the NG24 district since then, its estimated current value is £68,020 — placing it in the 1st percentile nationally and the 1st percentile within NG24. The property covers 59 m² (635 sq ft), giving an estimated value of £1,153 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £68,000

    Feb 2022

    Estimated Valuation

    £68,020

    Est. £/sq ft

    £107/sq ft

    £1,153/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area635 sq ft (59 m²)
    EPC dateDec 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    16 Feb 2022

    £68,000

    9 Sept 2016

    £65,000

    27 Oct 2009

    £85,000

    10 Oct 2002

    £29,000

    Key Metrics

    Estimated valuation£68,020
    Value per sq ft / m²£107/sq ft (£1,153/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile1st percentile
    National percentile1st 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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