5 Smith Street, Newark, NG24 1RE is a freehold terraced property built between 1900-1929. The property offers approximately 775 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £128,131 , which equates to approximately £165 per square foot. It was last sold on 3 Jan 2024 for £120,000. Since then, the value has increased by £8,131, representing a 6.8% increase, or approximately 3.4% per year.

The current estimated value of £128,131 is:

  • 15.4% lower than the average property price on Smith Street
  • 10.3% lower than the average in the NG24 1RE postcode area
  • and 46.5% lower than the average price for Newark as a whole

View sold house prices in NG24 1RE

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
775 sq ft
Tenure
Freehold
Price (estimate)
£128,131
Price Per sq ft (estimate)
£165
Bedroom Count (estimate)
2 bedrooms

EPC Summary

5 Smith Street, Newark, Newark And Sherwood, Nottinghamshire, NG24 1RE has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 4 Feb 2020.

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 the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 29 Apr 2019, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 5.5%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 63% of fixed outlets to low energy lighting in 75% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to NG24 1RE

10 th / 21
Price Rank
10% lower than average
12 th / 16
Size Rank
3% smaller than average
7 th / 16
Price Per Sq FT Rank
8% lower than average

Compared to other properties in NG24 1RE , this house's estimated value ranks 10th out of 21. Based on price per square foot, it ranks 7th out of 16 properties. In terms of size, this home ranks 12th out of 16 properties in its postcode area.

Sale History

Today
£128,131
streetscan.co.uk estimate
+7 %
3 Jan 2024
£120,000
Leasehold
+224.3 %
8 Dec 2000
£37,000
Leasehold
+19.4 %
31 Mar 1995
£31,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 829 sq ft
sale price: £155,000
sale date: 16 Aug 2024
rooms: 4
size: 710 sq ft
sale price: £100,000
sale date: 28 Jun 2024
rooms: 4
size: 775 sq ft
sale price: £92,000
sale date: 18 Feb 2020
rooms: 5
size: 872 sq ft
sale price: £117,000
sale date: 17 Oct 2019
rooms: 5
size: 818 sq ft
sale price: £96,000
sale date: 24 Oct 2018

Data Sources

The property at 5 Smith Street, Newark, NG24 1RE appears three times in the Land Registry records, with the latest transaction recorded on 3 Jan 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Feb 2020. 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.