87 Philip Road, Newark, NG24 4PE is a leasehold flat built between 1950-1966. The property offers approximately 743 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £114,570 , which equates to approximately £154 per square foot. It was last sold on 4 Jun 2018 for £92,000. Since then, the value has increased by £22,570, representing a 24.5% increase, or approximately 3.3% per year.

The current estimated value of £114,570 is:

  • 22.7% lower than the average property price on Philip Road
  • 5.8% lower than the average in the NG24 4PE postcode area
  • and 52.2% 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 26 February 2018, the property was recorded as owner-occupied.

View sold house prices in NG24 4PE

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
743 sq ft
Tenure
Leasehold
Price (estimate)
£114,570
Price Per sq ft (estimate)
£154
Bedroom Count (estimate)
2 bedrooms

EPC Summary

87 Philip Road, Newark, Newark And Sherwood, Nottinghamshire, NG24 4PE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 26 Feb 2018.

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 2 Feb 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 4.4%.

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 wall energy efficiency changing from good to average, with the construction or insulation remaining cavity wall, filled cavity.
  • The windows were upgraded from fully double glazed to partial double glazing.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in 43% of fixed outlets, with efficiency improving from poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, filled cavity
Average
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in 43% of fixed outlets
Average

Compared to NG24 4PE

7 th / 11
Price Rank
6% lower than average
8 th / 9
Size Rank
8% smaller than average
6 th / 9
Price Per Sq FT Rank
3% higher than average

Compared to other properties in NG24 4PE , this flat's estimated value ranks 7th out of 11. Based on price per square foot, it ranks 6th out of 9 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 8th out of 9 properties in its postcode area.

Sale History

Today
£114,570
streetscan.co.uk estimate
+25 %
4 Jun 2018
£92,000
Leasehold
+53.5 %
18 Feb 2011
£59,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 743 sq ft
sale price: £80,000
sale date: 30 Mar 2022
rooms: 3
size: 753 sq ft
sale price: £75,000
sale date: 23 Jul 2021
rooms: 3
size: 742 sq ft
sale price: £72,000
sale date: 20 Oct 2016

Data Sources

The property at 87 Philip Road, Newark, NG24 4PE appears two times in the Land Registry records, with the latest transaction recorded on 4 Jun 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Feb 2018. 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.