Apartment 5, Mill Gate Apartments, 11 Mill Gate, Newark, NG24 4TR is a leasehold flat built between 1967-1975. The property offers approximately 904 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £158,817 , which equates to approximately £176 per square foot. It was last sold on 30 Jun 2021 for £145,000. Since then, the value has increased by £13,817, representing a 9.5% increase, or approximately 2.1% per year.

The current estimated value of £158,817 is:

  • 33.0% lower than the average property price on Mill Gate
  • 13.6% lower than the average in the NG24 4TR postcode area
  • and 33.7% lower than the average price for Newark as a whole

View sold house prices in NG24 4TR

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
904 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£158,817
Price Per sq ft (estimate)
£176
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment 5, Mill Gate Apartments, 11 Mill Gate, Newark, Newark And Sherwood, Nottinghamshire, NG24 4TR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 25 Nov 2015.

This property uses an electric boiler with radiators as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, electric
Average
Hot Water
From main system
Average
Walls
Cavity wall, with internal insulation
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to NG24 4TR

15 th / 24
Price Rank
14% lower than average
3 rd / 19
Size Rank
40% bigger than average
19 th / 19
Price Per Sq FT Rank
38% lower than average

Compared to other properties in NG24 4TR , this flat's estimated value ranks 15th out of 24. Based on price per square foot, it ranks 19th out of 19 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 3rd out of 19 properties in its postcode area.

Sale History

Today
£158,817
streetscan.co.uk estimate
+10 %
30 Jun 2021
£145,000
Leasehold
+7.4 %
6 Sep 2016
£135,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 883 sq ft
sale price: £150,000
sale date: 2 Mar 2017
rooms: 3
size: 947 sq ft
sale price: £149,500
sale date: 10 Mar 2016
rooms: 3
size: 992 sq ft
sale price: £56,000
sale date: 24 Aug 2009

Data Sources

The property at Apartment 5, Mill Gate Apartments, 11 Mill Gate, Newark, NG24 4TR appears two times in the Land Registry records, with the latest transaction recorded on 30 Jun 2021. It also has a single Energy Performance Certificate (EPC) from 25 Nov 2015. 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.