38A Victoria Street, Newark, NG24 4UT is a leasehold terraced property built between 1900-1929. The property offers approximately 786 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £125,767 , which equates to approximately £160 per square foot. It was last sold on 2 Sep 1997 for £26,000. Since then, the value has increased by £99,767, representing a 383.7% increase, or approximately 13.6% per year.

The current estimated value of £125,767 is:

  • 49.4% lower than the average property price on Victoria Street
  • 35.7% lower than the average in the NG24 4UT postcode area
  • and 47.5% lower than the average price for Newark as a whole

At the most recent EPC inspection on 28 September 2023, the property was recorded as rented.

View sold house prices in NG24 4UT

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
786 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£125,767
Price Per sq ft (estimate)
£160
Bedroom Count (estimate)
2 bedrooms

EPC Summary

38A Victoria Street, Newark, Newark And Sherwood, Nottinghamshire, NG24 4UT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 28 Sep 2023.

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 have partial double glazing.

The previous EPC assessment was conducted on 16 Apr 2009, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 48.7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water system was changed from from main system, no cylinderstat to from main system, with its energy efficiency improving from poor to good.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, no insulation, with no change in energy efficiency (very poor).
  • The windows were upgraded from single glazed to partial double glazing.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NG24 4UT

59 th / 67
Price Rank
36% lower than average
26 th / 61
Size Rank
2% smaller than average
55 th / 61
Price Per Sq FT Rank
34% lower than average

Compared to other properties in NG24 4UT , this flat's estimated value ranks 59th out of 67. Based on price per square foot, it ranks 55th out of 61 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 26th out of 61 properties in its postcode area.

Sale History

Today
£125,767
streetscan.co.uk estimate
+384 %
2 Sep 1997
£26,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 732 sq ft
sale price: £260,000
sale date: 15 Nov 2024
rooms: 3
size: 743 sq ft
sale price: £146,000
sale date: 5 Jan 2022
rooms: 2
size: 804 sq ft
sale price: £75,000
sale date: 8 Feb 2013

Data Sources

The property at 38A Victoria Street, Newark, Newark And Sherwood, Nottinghamshire, NG24 4UT appears once in the Land Registry records, with the transaction recorded on 2 Sep 1997. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Sep 2023. 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.