Flat 1, 54 Mill Gate, Newark, NG24 4TS is a leasehold flat built before 1900. The property offers approximately 672 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 £89,686 , which equates to approximately £134 per square foot. It was last sold on 16 Nov 2012 for £60,000. Since then, the value has increased by £29,686, representing a 49.5% increase, or approximately 3.8% per year.

The current estimated value of £89,686 is:

  • 62.2% lower than the average property price on Mill Gate
  • 48.2% lower than the average in the NG24 4TS postcode area
  • and 62.6% lower than the average price for Newark as a whole

At the most recent EPC inspection on 24 November 2008, the property was recorded as owner-occupied.

View sold house prices in NG24 4TS

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
672 sq ft
Tenure
Leasehold
Price (estimate)
£89,686
Price Per sq ft (estimate)
£134
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 1, 54 Mill Gate, Newark, Newark And Sherwood, Nottinghamshire, NG24 4TS has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 24 Nov 2008.

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 single glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to NG24 4TS

12 th / 14
Price Rank
48% lower than average
3 rd / 8
Size Rank
20% smaller than average
8 th / 8
Price Per Sq FT Rank
35% lower than average

Compared to other properties in NG24 4TS , this flat's estimated value ranks 12th out of 14. Based on price per square foot, it ranks 8th out of 8 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 8 properties in its postcode area.

Sale History

Today
£89,686
streetscan.co.uk estimate
+49 %
16 Nov 2012
£60,000
Leasehold
+124.3 %
1 May 1997
£26,750
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 689 sq ft
sale price: £150,000
sale date: 20 Jan 2023
rooms: 3
size: 592 sq ft
sale price: £110,000
sale date: 6 Sep 2016
rooms: 3
size: 743 sq ft
sale price: £140,000
sale date: 6 Sep 2016
rooms: 3
size: 743 sq ft
sale price: £140,000
sale date: 6 Sep 2016
rooms: 3
size: 603 sq ft
sale price: £125,000
sale date: 6 Jun 2016

Data Sources

The property at Flat 1, 54 Mill Gate, Newark, NG24 4TS appears two times in the Land Registry records, with the latest transaction recorded on 16 Nov 2012. It also has a single Energy Performance Certificate (EPC) from 24 Nov 2008. 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.