16, Albion Street
16, Albion Street
Description & Estimates
The public record describes 16, Albion Street, Newark as a modern house with 581 ft2 of internal area, sitting on a 56.8 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
16, Albion Street, Newark has an estimated sale value of £137,813 and an estimated rental value of £740 per month, assuming reasonable condition and based on the information available.
Albion Street, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
Our Data Sources
16, Albion Street, Newark has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 16, Albion Street, Newark would be worth £144,704, with a potential rental value of £777 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £128,166, with a rental value of £688 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 16, Albion Street, Newark has dropped by £2,173 (1.6%) over the last year. During the same period, its estimated monthly rental value has risen by £14 (1.9%). The property's estimated gross yield is currently 6.4%.
Plot Size
16, Albion Street, Newark occupies a 57 m2 plot as recorded by HM Land Registry.
Of the 20 other houses in this postcode, 14 have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
16, Albion Street, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jun 2020.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
16, Albion Street, Newark last changed hands on 16th September 2004, selling for £91,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
- Sold Sep 2004£91,000
- Sold Aug 2001£41,000
- Sold Mar 1999£36,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 460 metres of 16, Albion Street, Newark across the last 2 years.
Most recently, 21, Castle Brewery Court, Newark, NG24 4ED, a freehold house, sold at £145,000 on the 19th September 2024.
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
Our analysis of the public data ranks 16, Albion Street, Newark as the 15th largest and the 13th most expensive of the 24 addresses on Albion Street, Newark, NG24.
Against the NG24 postcode district average, it is £74k less expensive than the typical property.
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Schools Nearby
- 400mChrist Church C of E Primary School
- 500mHoly Trinity Catholic Voluntary Academy
- 600mMount CofE Primary School
- 800mMagnus Church of England Academy
- 2.0kmThe Newark Academy
- 4.2kmThe Suthers School
More reading links
Public Transport Nearby
Newark Castle station is the nearest stop to 16, Albion Street, Newark at 800 metres away.
- 800mNewark Castle
- 1.2kmNewark Northgate
- 5.9kmRolleston
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
