8 Balmoral Drive, Newark, NG24 2FZ is a freehold detached property built between 1996-2002. The property offers approximately 1,303 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £344,597 , which equates to approximately £265 per square foot. It was last sold on 19 Mar 2021 for £285,000. Since then, the value has increased by £59,597, representing a 20.9% increase, or approximately 4.4% per year.

The current estimated value of £344,597 is:

  • 3.1% lower than the average property price on Balmoral Drive
  • 3.0% higher than the average in the NG24 2FZ postcode area
  • and 43.8% higher 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 13 April 2011, the property was recorded as owner-occupied.

View sold house prices in NG24 2FZ

Building approximate location

About Property

Type
Detached House
Built
1996-2002
Interior Size
1303 sq ft
Tenure
Freehold
Price (estimate)
£344,597
Price Per sq ft (estimate)
£265
Bedroom Count (estimate)
4 bedrooms

EPC Summary

8 Balmoral Drive, Newark, Newark And Sherwood, Nottinghamshire, NG24 2FZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 13 Apr 2011.

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 25 Jan 2011, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 18%.

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 energy efficiency improving from average to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 250 mm loft insulation, improving energy efficiency from average to good.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in 15% 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
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 15% of fixed outlets
Poor

Compared to NG24 2FZ

8 th / 22
Price Rank
3% higher than average
12 th / 17
Size Rank
5% smaller than average
6 th / 17
Price Per Sq FT Rank
8% higher than average

Compared to other properties in NG24 2FZ , this house's estimated value ranks 8th out of 22. Based on price per square foot, it ranks 6th out of 17 properties. In terms of size, this home ranks 12th out of 17 properties in its postcode area.

Sale History

Today
£344,597
streetscan.co.uk estimate
+21 %
19 Mar 2021
£285,000
Leasehold
+9.6 %
27 May 2020
£260,000
Leasehold
+40.5 %
20 Feb 2012
£185,000
Leasehold
-17 %
5 Jul 2007
£223,000
Leasehold
+18.6 %
10 Mar 2006
£188,000
Leasehold
+19 %
9 May 2003
£158,000
Leasehold
+23.4 %
3 May 2002
£128,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 1249 sq ft
sale price: £280,000
sale date: 12 Dec 2019
rooms: 7
size: 1367 sq ft
sale price: £262,500
sale date: 24 Nov 2017
rooms: 6
size: 1238 sq ft
sale price: £237,000
sale date: 31 Mar 2016
rooms: 6
size: 1184 sq ft
sale price: £190,000
sale date: 26 Jun 2015
rooms: 7
size: 1367 sq ft
sale price: £225,000
sale date: 2 Apr 2015

Data Sources

The property at 8 Balmoral Drive, Newark, NG24 2FZ appears seven times in the Land Registry records, with the latest transaction recorded on 19 Mar 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Apr 2011. 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.