3 Hercules Drive, Newark, NG24 1RA is a leasehold flat built between 2003-2006. The property offers approximately 538 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £100,719 , which equates to approximately £187 per square foot. It was last sold on 11 Jan 2024 for £98,000. Since then, the value has increased by £2,719, representing a 2.8% increase, or approximately 1.4% per year.

The current estimated value of £100,719 is:

  • 57.9% lower than the average property price on Hercules Drive
  • 54.5% lower than the average in the NG24 1RA postcode area
  • and 58.0% lower than the average price for Newark as a whole

View sold house prices in NG24 1RA

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
538 sq ft
Tenure
Leasehold
Price (estimate)
£100,719
Price Per sq ft (estimate)
£187
Bedroom Count (estimate)
1 bedroom

EPC Summary

3 Hercules Drive, Newark, Newark And Sherwood, Nottinghamshire, NG24 1RA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 30 Jan 2019.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 5 Nov 2008. The rating of C is unchanged, though the energy efficiency score decreased by 3.8%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from no low energy lighting to low energy lighting in 22% of fixed outlets, with efficiency improving from very poor to poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 22% of fixed outlets
Poor

Compared to NG24 1RA

34 th / 37
Price Rank
54% lower than average
31 st / 33
Size Rank
50% smaller than average
22 nd / 33
Price Per Sq FT Rank
9% lower than average

Compared to other properties in NG24 1RA , this flat's estimated value ranks 34th out of 37. Based on price per square foot, it ranks 22th out of 33 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 31th out of 33 properties in its postcode area.

Sale History

Today
£100,719
streetscan.co.uk estimate
+3 %
11 Jan 2024
£98,000
Leasehold
+3.2 %
30 Mar 2005
£95,000
Leasehold

Area Insights

Similar Properties Sold Nearby

5 Hercules Drive, Newark, NG24 1RA
rooms: 3
size: 592 sq ft
sale price: £103,000
sale date: 6 Jan 2022
7 Hercules Drive, Newark, NG24 1RA
rooms: 3
size: 585 sq ft
sale price: £93,000
sale date: 22 Oct 2021
1 Hercules Drive, Newark, NG24 1RA
rooms: 3
size: 538 sq ft
sale price: £78,000
sale date: 16 Dec 2013

Data Sources

The property at 3 Hercules Drive, Newark, NG24 1RA appears two times in the Land Registry records, with the latest transaction recorded on 11 Jan 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Jan 2019. 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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