Flat 2B, 1
Flat 2B, 1
Description & Estimates
Public records show Flat 2B, 1, Market Place, Newark to be a modern leasehold apartment with 678 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2B, 1, Market Place, Newark has an estimated sale value of £91,210 and an estimated rental value of £612 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Market Place, Newark, NG24.
Market Place, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
Our Data Sources
Flat 2B, 1, Market Place, Newark has a single entry in the Land Registry from January 2020 and a single entry in the EPC database dated May 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2B, 1, Market Place, Newark would be worth £95,770, with a potential rental value of £642 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £84,825, with a rental value of £569 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 Flat 2B, 1, Market Place, Newark has moved down by £204 (0.2%) over the last year. During the same period, its estimated monthly rental value has increased by £20 (3.3%). The property's estimated gross yield is currently 8.0%.
Energy Efficiency
Flat 2B, 1, Market Place, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 May 2016.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
Sold Prices
Flat 2B, 1, Market Place, Newark last changed hands on 14th January 2020, selling for £80,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 19.6% since January 2020.
- Sold Jan 2020£80,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 510 metres of Flat 2B, 1, Market Place, Newark across the last 2 years.
Most recently, 6 The Malt House, Castle Brewery, Newark, NG24 4AF, a leasehold flat, sold at £140,000 on the 5th June 2025.
Read more about house prices in NG24.
- Sold Jun 2025£140,000 | 2 Bed Flat6 The Malt House, Castle Brewery, Newark, NG24 4AF6 The Malt House, Castle Brewery, Newark, NG24 4AF
- Sold Mar 2024£130,000 | 2 Bed Flat9 The Malt House, Castle Brewery, Newark, NG24 4AF9 The Malt House, Castle Brewery, Newark, NG24 4AF
- Sold Jan 2020£80,000 | 2 Bed FlatFlat 3B, 1, Market Place, Newark, NG24 1DUFlat 3B, 1, Market Place, Newark, NG24 1DU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 2B, 1, Market Place, Newark as the 6th largest and the 9th most expensive of the 18 addresses on Market Place, Newark, NG24.
Against the NG24 postcode district average, it is £121k less expensive than the typical property.
More reading links
Schools Nearby
- 200mMount CofE Primary School
- 600mChrist Church C of E Primary School
- 700mLovers Lane Primary and Nursery School
- 1.0kmMagnus Church of England Academy
- 2.2kmThe Newark Academy
- 4.5kmThe Suthers School
More reading links
Public Transport Nearby
Newark Castle station is the nearest stop to Flat 2B, 1, Market Place, Newark at 500 metres away.
- 500mNewark Castle
- 900mNewark Northgate
- 6.1kmRolleston
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.
