Flat 5, The Chapel Victoria Street, Newark, NG24 4UU is a leasehold flat built before 1900. The property offers approximately 807 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 £81,218 , which equates to approximately £101 per square foot. It was last sold on 4 Oct 2022 for £80,000. Since then, the value has increased by £1,218, representing a 1.5% increase, or approximately 0.5% per year.

The current estimated value of £81,218 is:

  • 67.3% lower than the average property price on Victoria Street
  • 65.4% lower than the average in the NG24 4UU postcode area
  • and 66.1% lower than the average price for Newark as a whole

At the most recent EPC inspection on 19 October 2020, the property was recorded as rented.

View sold house prices in NG24 4UU

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
807 sq ft
Tenure
Leasehold
Price (estimate)
£81,218
Price Per sq ft (estimate)
£101
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 5, The Chapel Victoria Street, Newark, Newark And Sherwood, Nottinghamshire, NG24 4UU has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 19 Oct 2020.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are mostly double glazed.

The previous EPC assessment was conducted on 15 Feb 2010. The rating of E is unchanged, though the energy efficiency score decreased by 23.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from solid brick, with internal insulation to solid brick, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The lighting was updated from low energy lighting in 37% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Mostly double glazing
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NG24 4UU

19 th / 19
Price Rank
65% lower than average
8 th / 15
Size Rank
41% smaller than average
15 th / 15
Price Per Sq FT Rank
42% lower than average

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

Sale History

Today
£81,218
streetscan.co.uk estimate
+2 %
4 Oct 2022
£80,000
Leasehold
+14.3 %
5 Feb 2021
£70,000
Leasehold
0 %
22 Dec 2005
£70,000
Leasehold
+7.7 %
9 Nov 2004
£65,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 753 sq ft
sale price: £134,000
sale date: 11 Feb 2022
rooms: 3
size: 686 sq ft
sale price: £91,000
sale date: 6 Sep 2011

Data Sources

The property at Flat 5, The Chapel Victoria Street, Newark, NG24 4UU appears four times in the Land Registry records, with the latest transaction recorded on 4 Oct 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Oct 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.