1, The Crossings
1, The Crossings
Description & Estimates
According to the public record, 1, The Crossings, Newark is a modern leasehold apartment with 434 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, The Crossings, Newark is £94,662 and the estimated rental value is £594 per month.
The Crossings, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
Our Data Sources
1, The Crossings, Newark has a single entry in the Land Registry from January 2009 and a single entry in the EPC database dated March 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 1, The Crossings, Newark is in very good condition we estimate a sale value of £99,395 and a rental value of £623 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £88,036 and a rental value of £552 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, The Crossings, Newark has decreased by £211 (0.2%), while its estimated rental value has grown by £19 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 7.5%.
Energy Efficiency
1, The Crossings, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Mar 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using SAP05:Main-Heating.
Sold Prices
According to HM Land Registry, 1, The Crossings, Newark was last sold on 16th January 2009 for £70,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2009, the market for similar properties has risen by 13.9%.
- Sold Jan 2009£70,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, The Crossings, Newark within a radius of 500 metres over the last 2 years.
The most recent example is 27, The Crossings, Newark, NG24 1TY, a leasehold flat which sold for £110,000 on the 7th December 2023.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
The Crossings, Newark, NG24 has a total of 31 addresses. According to our analysis of all the public data, 1, The Crossings, Newark is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in NG24.
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Schools Nearby
- 500mBarnby Road Academy Primary and Nursery school
- 700mLovers Lane Primary and Nursery School
- 700mMount CofE Primary School
- 900mMagnus Church of England Academy
- 1.7kmThe Newark Academy
- 4.1kmThe Suthers School
More reading links
Public Transport Nearby
The closest station to 1, The Crossings, Newark is Newark Northgate station, which is 700 metres away.
- 700mNewark Northgate
- 1.1kmNewark Castle
- 6.9kmRolleston
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
