2 Albion Street, Newark, NG24 4BL is a freehold terraced property built before 1900. The property offers approximately 474 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £73,166 , which equates to approximately £154 per square foot. It was last sold on 26 Oct 2023 for £70,000. Since then, the value has increased by £3,166, representing a 4.5% increase, or approximately 2.1% per year.

The current estimated value of £73,166 is:

  • 58.3% lower than the average property price on Albion Street
  • 55.4% lower than the average in the NG24 4BL postcode area
  • and 69.5% lower than the average price for Newark as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as rented both times. This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 18 November 2022, the property was recorded as rented.

View sold house prices in NG24 4BL

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
474 sq ft
Tenure
Freehold
Price (estimate)
£73,166
Price Per sq ft (estimate)
£154
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Albion Street, Newark, Newark And Sherwood, Nottinghamshire, NG24 4BL has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 18 Nov 2022.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 18 Nov 2022, and the property received the same rating of E with an unchanged energy efficiency score of 41.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 250 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to NG24 4BL

19 th / 19
Price Rank
55% lower than average
18 th / 19
Size Rank
32% smaller than average
18 th / 19
Price Per Sq FT Rank
35% lower than average

Compared to other properties in NG24 4BL , this house's estimated value ranks 19th out of 19. Based on price per square foot, it ranks 18th out of 19 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 18th out of 19 properties in its postcode area.

Sale History

Today
£73,166
streetscan.co.uk estimate
+5 %
26 Oct 2023
£70,000
Leasehold
+7.7 %
6 Jul 2023
£65,000
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 603 sq ft
sale price: £95,000
sale date: 5 Feb 2014
rooms: 3
size: 570 sq ft
sale price: £100,000
sale date: 24 Jul 2015
rooms: 3
size: 570 sq ft
sale price: £102,500
sale date: 23 Oct 2015
rooms: 3
size: 570 sq ft
sale price: £123,000
sale date: 26 Oct 2023
rooms: 4
size: 581 sq ft
sale price: £91,000
sale date: 16 Sep 2004

Data Sources

The property at 2 Albion Street, Newark, NG24 4BL appears two times in the Land Registry records, with the latest transaction recorded on 26 Oct 2023. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Nov 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.