According to the public record, 2, Strawberry Hall Lane, Newark is a mid-century apartment with 548 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.
2, 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 2 Strawberry Hall Lane Newark as £70,149 and the rental value as £448 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 2 Strawberry Hall Lane Newark has increased by £3,907 (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 2, Strawberry Hall Lane, Newark is in very good condition we estimate a sale value of £73,657 and rental value of £470 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £65,239 and a rental value of £416 per month.
If you were able to purchase this property for the estimated value of £70,149, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £345 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 2, Strawberry Hall Lane, Newark within a radius of 679m over the last 2 years.
The most recent example is 22, Mumby Close, Newark, NG24 1JE, a Leasehold flat which sold for £60,000 in Apr 2023.
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, 2, Strawberry Hall Lane, Newark is the 37th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in NG24.
2, Strawberry Hall Lane, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jul 2022.
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 2, 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 2, 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 2, 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 2, 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 2, 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 2, 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.