2 Mayfair House Spring Gardens

    2 MAYFAIR HOUSE, SPRING GARDENS, NEWARK, NG24 4UW

    This flat/maisonette leasehold property on Spring Gardens last sold in March 2023 for £122,000. Based on price growth in the NG24 district since then, its estimated current value is £108,149 — placing it in the 5th percentile nationally and the 7th percentile within NG24. The property covers 59 m² (635 sq ft), giving an estimated value of £1,833 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £122,000

    Mar 2023

    Estimated Valuation

    £108,149

    Est. £/sq ft

    £170/sq ft

    £1,833/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area635 sq ft (59 m²)
    EPC dateApr 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Mar 2023

    £122,000

    1 Oct 2013

    £73,000

    8 Jun 2001

    £37,000

    Key Metrics

    Estimated valuation£108,149
    Value per sq ft / m²£170/sq ft (£1,833/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile7th percentile
    National percentile5th 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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