Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 2, Lavender Way, Newark is a modern freehold house with 710 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Lavender Way, Newark is £181,595 and the estimated rental value is £917 per month.
Lavender Way, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
2, Lavender Way, Newark has a single entry in the Land Registry from March 2017 and a single entry in the EPC database dated November 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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, Lavender Way, Newark is in very good condition we estimate a sale value of £190,675 and a rental value of £963 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,884 and a rental value of £853 per month.
Over the last 12 months the sale value of 2 Lavender Way Newark has decreased by an estimated £1,361 (0.7%) and its rental value has increased by an estimated £20 per month (2.2%), giving an expected gross yield of 6.1%.
2, Lavender Way, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Nov 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Lavender Way, Newark was last sold on 31st March 2017 for £125,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2017, the market for similar properties has risen 8.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lavender Way, Newark within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 24, Lavender Way, Newark, NG24 2PL, a freehold house which sold for £200,000 on the 31st July 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lavender Way, Newark, NG24 has a total of 50 addresses. According to our analysis of all the public data, 2, Lavender Way, Newark is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in NG24.
The closest station to 2, Lavender Way, Newark is Newark Northgate station which is 1.6 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
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, Lavender Way, Newark, % of property is and % is .
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 2, Lavender Way, Newark, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Lavender Way, 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, Lavender Way, Newark, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
