2 Markeden Court, New Ollerton, Newark, NG22 9BQ is a leasehold flat built between 1991-1995. The property offers approximately 527 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £48,241 , which equates to approximately £92 per square foot. It was last sold on 1 Mar 2023 for £48,000. Since then, the value has increased by £241, representing a 0.5% increase, or approximately 0.2% per year.

The current estimated value of £48,241 is:

  • 40.8% lower than the average property price on Markeden Court
  • 19.9% lower than the average in the NG22 9BQ postcode area
  • and 79.9% 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 owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 12 August 2022, the property was recorded as owner-occupied.

View sold house prices in NG22 9BQ

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
527 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£48,241
Price Per sq ft (estimate)
£92
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Markeden Court, New Ollerton, Newark, Newark And Sherwood, Nottinghamshire, NG22 9BQ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 Aug 2022.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Jan 2019, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 10.7%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 67% of fixed outlets to low energy lighting in 14% of fixed outlets, with efficiency changing from good to poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 14% of fixed outlets
Poor

Sale History

Today
£48,241
streetscan.co.uk estimate
+1 %
1 Mar 2023
£48,000
Leasehold
-12.7 %
23 Dec 2009
£55,000
Leasehold
-40.9 %
4 Jan 2006
£93,000
Leasehold

Area Insights

Nearby Properties

6 Markeden Court, New Ollerton, Newark, NG22 9BQ
rooms: 3
size: 723 sq ft
sale price: £60,250
sale date: 12 May 2017

Data Sources

The property at 2 Markeden Court, New Ollerton, Newark, NG22 9BQ appears three times in the Land Registry records, with the latest transaction recorded on 1 Mar 2023. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Aug 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.
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