27, The Crossings
27, The Crossings
Description & Estimates
27, The Crossings, Newark is recorded publicly as a modern leasehold apartment across 387 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 27, The Crossings, Newark is £89,657 and its rental estimate is £569 per month, given the available information and assuming reasonable condition.
The Crossings, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
27, The Crossings, Newark has a single entry in the Land Registry from November 2008 and a single entry in the EPC database dated March 2019.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 27, The Crossings, Newark, we estimate a market value of £94,140 and a rental value of £598 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £83,381 and £529 per month respectively.
Recent Market Change
Over the last year, 27, The Crossings, Newark has seen its estimated sale value fall by £200 (0.2%) and its estimated rental value move up by £19 per month (3.3%). This results in an estimated gross rental yield of 7.6%.
Energy Efficiency
27, The Crossings, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 27, The Crossings, Newark completed on 28th November 2008 at £109,995 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 11.2% over the period since November 2008.
- Sold Nov 2008£109,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 27, The Crossings, Newark have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st January 2018, was 6A, Wellington Road, Newark, NG24 1NJ, a leasehold flat which sold for £70,000.
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
Of the 31 addresses on The Crossings, Newark, NG24, 27, The Crossings, Newark comes out as the 31st largest and the 31st most expensive in our analysis of the public data.
It is also £122k less expensive than the average property across the NG24 district.
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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
From 27, The Crossings, Newark, the nearest station is Newark Northgate, 700 metres away.
- 700mNewark Northgate
- 1.1kmNewark Castle
- 6.9kmRolleston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
