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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 58, Albert Street, Newark is £310,982 and the estimated rental value is £1,084 per month.
The apartment is within 58, Albert Street, Newark, NG24.
Albert Street, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
Flat 2, 58, Albert Street, Newark has no records in the the Land Registry and a single entry in the EPC database dated June 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Flat 2, 58, Albert Street, Newark is in very good condition we estimate a sale value of £326,531 and a rental value of £1,138 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,213 and a rental value of £1,008 per month.
Over the last 12 months the sale value of Flat 2 58 Albert Street Newark has decreased by an estimated £237 (0.1%) and its rental value has increased by an estimated £37 per month (3.5%), giving an expected gross yield of 4.2%.
Flat 2, 58, Albert Street, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 490 metres radius of Flat 2, 58, Albert Street, Newark over the last 2 years.
The most recent example is 3, Crown Street, Newark, NG24 4UY, a freehold house which sold for £227,000 on the 4th November 2023.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Street, Newark, NG24 has a total of 103 addresses. According to our analysis of all the public data, Flat 2, 58, Albert Street, Newark is the 17th largest and the most expensive property on the street.
When compared to the postcode district it is £99k more expensive than the average property in NG24.
The closest station to Flat 2, 58, Albert Street, Newark is Newark Castle station which is 900 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 58, Albert Street, Newark, 34.5% of property is privately owned outright and 30.3% is privately rented.
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 Flat 2, 58, Albert Street, Newark, 12.6% of residents are recorded as possessing school level qualifications and 33.7% 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 Flat 2, 58, Albert Street, Newark, 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 Flat 2, 58, Albert Street, Newark, 0.7% 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 Flat 2, 58, Albert Street, Newark, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.