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Mount Lane is a residential street with 19 addresses.
It ranks as the 447th largest and 42nd most expensive of the 864 streets in the NG24 area.
The street contains a total of 19 properties: 8 houses and 11 flats.
Mount Lane is a residential street with 19 addresses.
It ranks as the 447th largest and 42nd most expensive of the 864 streets in the NG24 area.
The street contains a total of 19 properties: 8 houses and 11 flats.
Sale prices range from £95,792 for 2 bedroom Leasehold flats (322 ft2) to £139,681 for 3 bedroom freehold houses with a garden (670 ft2) .
Monthly rental prices range from £529 pcm for 2 bed flats to £812 pcm for 3 bed houses.
The gross rental yield is between 5.9% and 7.7%.
The average value per square foot is £297.
The last sale on Mount Lane sold for £145,000 on 18th December 2024. Since then prices are down an average of 1.1%.
The current average value in the street is £107,728.
The Mount Lane Sales Market has increased by 34.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.1% | £107,728 |
| May 2025 | -0.1% | £108,947 |
| May 2024 | 0.7% | £109,106 |
| May 2023 | 2% | £108,364 |
| May 2022 | 9.8% | £106,284 |
| May 2021 | 7.3% | £96,759 |
| May 2020 | 0.2% | £90,168 |
| May 2019 | 1.4% | £89,972 |
| May 2018 | 5.9% | £88,719 |
| May 2017 | 4.3% | £83,748 |
| May 2016 | 3.9% | £80,295 |
| May 2015 | 3.8% | £77,308 |
| May 2014 | 6.3% | £74,485 |
| May 2013 | 2.2% | £70,074 |
| May 2012 | 0.9% | £68,549 |
| May 2011 | -4.2% | £67,933 |
| May 2010 | 2.2% | £70,935 |
| May 2009 | -13.1% | £69,378 |
| May 2008 | -1.7% | £79,791 |
| May 2007 | 0% | £81,211 |
The current average rental value in the street is £650.
The Mount Lane Rental Market has increased by 44.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.4% | £650pcm |
| May 2025 | 3.2% | £635pcm |
| May 2024 | 7.1% | £615pcm |
| May 2023 | 9.1% | £575pcm |
| May 2022 | 3.5% | £527pcm |
| May 2021 | 4% | £509pcm |
| May 2020 | 1.3% | £489pcm |
| May 2019 | 3% | £483pcm |
| May 2018 | 0.5% | £469pcm |
| May 2017 | 3.6% | £466pcm |
| May 2016 | 4% | £450pcm |
| May 2015 | 0.4% | £433pcm |
| May 2014 | 3.5% | £431pcm |
| May 2013 | 0.9% | £416pcm |
| May 2012 | 2% | £412pcm |
| May 2011 | -0.8% | £405pcm |
| May 2010 | -0.7% | £408pcm |
| May 2009 | -4.3% | £411pcm |
| May 2008 | 1% | £429pcm |
| May 2007 | 0% | £425pcm |
The last sale was on 18th December 2024 for £145,000 and since then the market in the area has decreased by 1.1%. The street has had a total of 8 sales since 1995.
Mount Lane, Newark, NG24 has seen 3 sales in the last three years and no sales in the last twelve months.
Mount Lane, Newark, NG24 is the 447th largest and the 42nd most expensive street in the NG24 area.
There is 1 postcode on Mount Lane, Newark, NG24.
The closest station to Mount Lane, Newark, NG24 is Newark Castle station which is 500 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Mount Lane, Newark, NG24, 68.2% of property is privately rented and 15.1% is privately owned outright.
The graph below shows how this compares to East Midlands 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 Mount Lane, Newark, NG24, 9.9% of residents are recorded as possessing school level qualifications and 30.6% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Mount Lane, Newark, NG24, 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 Mount Lane, Newark, NG24, 1.7% 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 Mount Lane, Newark, NG24, there are an average of 0.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.