Property profile

12Lavender Way

Map showing 12, Lavender Way, Newark

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£210,000

Terraced sold in Beacon

The box shows the middle 50% of terraced sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold05 Apr 2024
£210,000Change since last sale: +£2,000 (+0.9%)
Annualised change
+0.4% per yearNewark and Sherwood annualised change (terraced) since 2024: +1.9% per yearThis property's value grew slower than the market
Price per sq ftLocal median £186 per sq ft
£176 per sq ftEstimate vs local median: −£10 per sq ft (−5.4%)
Local sold pricesMedian for terraced in Beacon
£160,000Estimate vs local median: +£52,000 (+32%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeHouse / Mid-Terrace
TenureLeasehold
Floor area112 m² / 1,206 sq ft
EPC ratingB
EPC inspection11 Oct 2016

Sales history

DatePriceChange
05 Apr 2024£210,000+7%
30 Nov 2016£196,200-

Local market

Property prices in Beacon

Median price£190,000
Price per sq ft£225
Sales (last 12 months)165
Typical range (middle 50%)£158K – £245K

Based on 165 recent sales, the median property price is £190,000 (about £225 per square foot) in Beacon area, with individual transactions ranging from £60,000 up to £825,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Beacon over the last year.
TypeSalesMedian£/sq ft
Detached48£277,500£253
Semi-Detached46£186,250£244
Terraced53£160,000£186
Flats18£153,250£206

10-year price trendmedian sale price in Beacon

Sale price

Ten year median sale price trend for each property type in Beacon.
YearDetachedFlatsSemi-DetachedTerraced
2016£230,000£99,995£169,995£131,498
2017£245,000£87,996£132,500£115,000
2018£264,995£107,000£142,000£118,000
2019£248,250£115,000£173,500£120,500
2020£263,500£135,000£172,000£130,500
2021£282,500£162,000£187,500£130,000
2022£310,000£139,995£210,000£164,000
2023£315,000£145,000£200,000£170,000
2024£312,500£150,000£205,000£155,250
2025£300,000£134,000£175,000£156,000
2026£280,000£156,000£196,000£165,000
Ten year median sale price trend for each property type in Beacon.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Beacon.
YearDetachedFlatsSemi-DetachedTerraced
2016£183£149£171£152
2017£198£200£175£157
2018£207£160£177£150
2019£200£169£173£153
2020£218£169£190£156
2021£231£187£198£162
2022£238£190£230£190
2023£256£188£231£211
2024£259£210£234£203
2025£253£205£226£192
2026£255£184£259£183
Ten year median sale price per square foot trend for each property type in Beacon.

Price distribution by property typelast 12 months

Price distribution by property type for Beacon in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near NG24 2PL.

Recent sold properties in the last 18 months near NG24 2PL
DateAddressTypeTenurePriceMap
15 Aug 202527, Lavender Way, Newark, NG24 2PJOtherFreehold£2,000
16 Apr 202523, Snowdrop Avenue, Newark, NG24 2PHSemi-DetachedFreehold£205,000
16 Apr 202515, Lily Lane, Newark, NG24 2RGSemi-DetachedFreehold£145,000
09 May 202519, Gerbera Drive, Newark, NG24 2RLTerracedLeasehold£165,500
09 May 202519, Gerbera Drive, Newark, NG24 2RLTerracedLeasehold£165,500

Other properties at this postcode

AddressTenureFloor areaLast sale
2, Lavender Way, NewarkLeasehold66 m²£125,995 (2017)
4, Lavender Way, NewarkLeasehold112 m²£189,995 (2017)
6, Lavender Way, NewarkLeasehold112 m²£194,995 (2017)
8, Lavender Way, NewarkFreehold112 m²£221,000 (2022)
10, Lavender Way, NewarkLeasehold112 m²£197,500 (2021)
14, Lavender Way, NewarkLeasehold112 m²£199,995 (2016)
16, Lavender Way, NewarkFreehold74 m²£190,000 (2023)
18, Lavender Way, NewarkFreehold74 m²£164,995 (2018)
20, Lavender Way, NewarkFreehold74 m²£169,995 (2018)
22, Lavender Way, NewarkFreehold74 m²£163,995 (2018)

Area insights for NG24 2PL

Full area profile →

Overview

Postcode NG24 2PL is located in an urban city, within the Beacon ward of Newark and Sherwood in the East Midlands region, and forms part of the Newark South East area. It has very low deprivation and very low crime levels, with around 27.1 crimes per 1,000 residents per year, about 72% below the East Midlands average of 96 per 1,000. The average income per household in Newark South East is £51,277 per year. The nearest station is Newark North Gate, about 1 miles away. There are 1 primary and no secondary schools in the area.

Crime rate
2/10
Crimes per 1k residents
27
Deprivation level
2/10
Income level
6/10
Social housing
13.7%
Connectivity
N/A
Flood Risk
No risk
Noise Level
Low

Deprivation level

2/10

Newark South East has a very low level of deprivation, ranked at position 29,941 out of 32,844 areas in the United Kingdom, placing it within the bottom 9% least deprived areas in England.

Crime level

2/10

Newark South East has a very low crime rate, with approximately 27.1 reported incidents per 1,000 population each year.

Social housing

13.7%

Approximately 13.7% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 12.4% of dwellings are socially rented.

Income level

6/10

The average income per household in Newark South East is £51,277 per year.

Noise Level

Low

Low noise level (55.0-59.9 dB) from road, approximately 0 ft away from NG24 2PL.

Flood risk

No risk

Newark South East near NG24 2PL has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Newark North Gate located about 1 miles away. There are no other stations nearby.

Parks

No parks nearby

Area Profile

Population
499
Population density
2,400.2 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
17.18(-50%)
Anti-social behaviour
4.39(-74%)
Criminal damage and arson
3.66(-51%)
Vehicle crime
1.46(-65%)
Other crime
1.46(-38%)
East Midlands average

Demographics

Ethnic groups

British
425
85.17%
Other White
41
8.22%
Arab
10
2%
Other
6
1.2%
African
5
1%
Total population: 499

Economics

Education (age 16+)

Level 4+ (Degree)
126
33.33%
Level 3 (A level)
75
19.84%
Level 2 (GCSEs 9-4)
60
15.87%
No qualifications
44
11.64%
Level 1 (GCSEs 3-1)
39
10.32%
Total 16+ residents: 378

Housing

Housing tenure

Owns with a mortgage
123
54.19%
Owns outright
36
15.86%
Other social rented
30
13.22%
Private landlord or letting agency
19
8.37%
Shared ownership
15
6.61%
Total households: 227

Schools

In the NG24 2PL postcode area, located within Newark South East, there are 1 primary and 0 secondary schools in close proximity.

Nearby primary and secondary schools for NG24 2PL
DistancePhaseNameTypeRating
0.8 miPrimaryCoddington CofE Primary and Nursery SchoolVoluntary controlled school

Good

0.9 miNot applicableHope House SchoolOther independent special school

Requires improvement

Local amenities

1 nearby supermarkets & convenience stores within mi of NG24 2PL

Nearby supermarkets & convenience stores for NG24 2PL
DistanceNameAddressDirections
0.4 miLondisAshworth Close, Newark and Sherwood, NG24 2JYWalking directions to Londis