3, The Maltings George Street, Newark, NG24 1LU is a leasehold flat built before 1900. The property offers approximately 463 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 £112,336 , which equates to approximately £243 per square foot. It was last sold on 30 May 2014 for £76,950. Since then, the value has increased by £35,386, representing a 46.0% increase, or approximately 4.0% per year.

The current estimated value of £112,336 is:

  • 27.9% lower than the average property price on George Street
  • 24.9% lower than the average in the NG24 1LU postcode area
  • and 53.1% 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 16 January 2014, the property was recorded as owner-occupied.

View sold house prices in NG24 1LU

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
463 sq ft
Tenure
Leasehold
Price (estimate)
£112,336
Price Per sq ft (estimate)
£243
Bedroom Count (estimate)
1 bedroom

EPC Summary

3, The Maltings George Street, Newark, Newark And Sherwood, Nottinghamshire, NG24 1LU has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 16 Jan 2014.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 27 Nov 2013, when the property was rated C. The current rating of F reflects a decline in energy efficiency of 53.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to room heaters, electric, changing energy efficiency from good to very poor.
  • The hot water system was changed from from main system to electric immersion, standard tariff, with its energy efficiency changing from good to very poor.
  • The roof construction or insulation changed from pitched, insulated (assumed) to (another dwelling above), changing energy efficiency from good to n/a.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 8% of fixed outlets to low energy lighting in 33% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to NG24 1LU

13 th / 14
Price Rank
25% lower than average
8 th / 8
Size Rank
52% smaller than average
2 nd / 8
Price Per Sq FT Rank
55% higher than average

Compared to other properties in NG24 1LU , this flat's estimated value ranks 13th out of 14. Based on price per square foot, it ranks 2nd out of 8 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 8th out of 8 properties in its postcode area.

Sale History

Today
£112,336
streetscan.co.uk estimate
+46 %
30 May 2014
£76,950
Leasehold

Area Insights

Similar Properties Sold Nearby

1, The Maltkiln George Street, Newark, NG24 1JW
rooms: 3
size: 495 sq ft
sale price: £97,500
sale date: 14 Oct 2015

Data Sources

The property at 3, The Maltings George Street, Newark, Newark And Sherwood, Nottinghamshire, NG24 1LU appears once in the Land Registry records, with the transaction recorded on 30 May 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Jan 2014. 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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