According to the public record, 18, Strawberry Hall Lane, Newark is a mid-century apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Strawberry Hall Lane, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
18, Strawberry Hall Lane, Newark has no records in the Land Registry database and no records in the EPC database.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 18 Strawberry Hall Lane Newark as £68,385 and the rental value as £442 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 18 Strawberry Hall Lane Newark has increased by £3,809 (5.6%) and its rental value has increased by £20 per month (4.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 18, Strawberry Hall Lane, Newark is in very good condition we estimate a sale value of £71,805 and rental value of £464 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £63,598 and a rental value of £411 per month.
If you were able to purchase this property for the estimated value of £68,385, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £336 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Strawberry Hall Lane, Newark within a radius of 679m over the last 2 years.
The most recent example is 26, Mumby Close, Newark, NG24 1JE, a Leasehold flat which sold for £74,500 in Nov 2017.
Read more about house prices in NG24.
Strawberry Hall Lane, Newark, NG24 has a total of 50 addresses. According to our analysis of all the public data, 18, Strawberry Hall Lane, Newark is the 39th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in NG24.
18, Strawberry Hall Lane, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 18, Strawberry Hall Lane, Newark is Newark Northgate station which is 400 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Strawberry Hall Lane, Newark, 70.0% of property is socially rented and 15.0% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 18, Strawberry Hall Lane, Newark, 21.9% of residents are recorded as possessing school level qualifications and 15.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 18, Strawberry Hall Lane, Newark, the average age was 39.6 and the most common age was 32.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 18, Strawberry Hall Lane, Newark, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 18, Strawberry Hall Lane, Newark, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.