Property profile

2 Mountney Place

Map showing 2, Mountney Place, Newark

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£190,000

Detached sold in Bridge

The box shows the middle 50% of detached 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 sold13 Feb 2013
£75,000Change since last sale: +£117,000 (+156%)
Annualised change
+7.2% per yearNewark and Sherwood annualised change (detached) since 2013: +3.8% per yearThis property's value grew faster than the market
Price per sq ftLocal median £220 per sq ft
£248 per sq ftEstimate vs local median: +£28 per sq ft (+13%)
Local sold pricesMedian for detached in Bridge
£258,000Estimate vs local median: −£66,000 (−26%)
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 typeBungalow / Detached
TenureFreehold
Construction period1996-2002
Floor area72 m² / 775 sq ft
Rooms5 habitable / 5 heated
Floor levelNODATA!
EPC ratingC
EPC inspection29 Oct 2012

Sales history

DatePriceChange
13 Feb 2013£75,000-5%
27 Nov 2000£79,000+49%
24 May 2000£52,848-

Local market

Property prices in Bridge

Median price£170,000
Price per sq ft£203
Sales (last 12 months)87
Typical range (middle 50%)£145K – £195K

Based on 87 recent sales, the median property price is £170,000 (about £203 per square foot) in Bridge area, with individual transactions ranging from £80,000 up to £440,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Bridge over the last year.
TypeSalesMedian£/sq ft
Detached6£258,000£220
Semi-Detached39£175,000£222
Terraced31£155,000£193
Flats11£128,500£169

10-year price trendmedian sale price in Bridge

Sale price

Ten year median sale price trend for each property type in Bridge.
YearDetachedFlatsSemi-DetachedTerraced
2016£160,000£74,500£123,250£113,500
2017£177,295£98,750£133,500£119,000
2018£177,500£136,000£140,000£125,500
2019£183,500£125,000£144,000£123,500
2020£220,000£103,500£141,000£130,000
2021£207,500£114,253£155,000£150,500
2022£235,000£113,500£180,500£150,000
2023£222,500£112,000£175,000£150,000
2024£240,000£137,500£175,000£146,500
2025£246,000£100,000£177,000£155,000
2026£258,000£137,500£170,000£158,000
Ten year median sale price trend for each property type in Bridge.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Bridge.
YearDetachedFlatsSemi-DetachedTerraced
2016£174£126£148£121
2017£177£141£149£154
2018£185£128£162£146
2019£202£138£177£160
2020£216£135£182£154
2021£220£162£193£168
2022£224£155£207£186
2023£222£164£208£181
2024£235£142£220£185
2025£240£169£216£190
2026£231£157£228£186
Ten year median sale price per square foot trend for each property type in Bridge.

Price distribution by property typelast 12 months

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

Recent sales

There were 46 recent sold properties in the last 18 months near NG24 2AE.

Recent sold properties in the last 18 months near NG24 2AE
DateAddressTypeTenurePriceMap
25 Feb 20263, Mountney Place, Newark, NG24 2AEDetachedFreehold£285,000
20 Oct 202541, Gainsborough Drive, Newark, NG24 2BXSemi-DetachedFreehold£168,450
21 Jul 202525, Gainsborough Drive, Newark, NG24 2BXSemi-DetachedFreehold£210,000
05 Jun 202663, Winthorpe Road, Newark, NG24 2AATerracedFreehold£171,250
05 Jun 202627, Winthorpe Road, Newark, NG24 2AATerracedFreehold£230,000

Other properties at this postcode

AddressTenureFloor areaLast sale
1, Mountney Place, NewarkFreehold91 m²£300,000 (2022)
3 Mountney Place, NewarkFreehold90 m²£285,000 (2026)
5, Mountney Place, NewarkFreehold90 m²£225,000 (2020)

Area insights for NG24 2AE

Full area profile →

Overview

Postcode NG24 2AE is located in an urban city, within the Bridge ward of Newark and Sherwood in the East Midlands region, and forms part of the Newark North area. It has high deprivation and average crime levels, with around 64.1 crimes per 1,000 residents per year, about 33% below the East Midlands average of 96 per 1,000. The average income per household in Newark North is £43,151 per year. The nearest station is Newark North Gate, about 0.6 miles away. There are 3 primary and no secondary schools in the area.

Crime rate
6/10
Crimes per 1k residents
64
Deprivation level
7/10
Income level
3/10
Social housing
7.8%
Connectivity
N/A
Flood Risk
No risk
Noise Level
No noise

Deprivation level

7/10

Newark North has a high level of deprivation, ranked at position 10,250 out of 32,844 areas in the United Kingdom, placing it within the top 31% most deprived areas in England.

Crime level

6/10

Newark North has an average crime rate, with approximately 64.1 reported incidents per 1,000 population each year.

Social housing

7.8%

Approximately 7.8% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 20.9% of dwellings are socially rented.

Income level

3/10

The average income per household in Newark North is £43,151 per year.

Noise Level

No noise

No significant noise sources from railways or roads near NG24 2AE.

Flood risk

No risk

Newark North near NG24 2AE 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 0.6 miles away. There are 2 stations nearby.

Nearby public transport stations for NG24 2AE
DistanceNameLinesDirections
0.6 mi

Newark North Gate

N/A

Walking directions to Newark North Gate
1 mi

Newark Castle

N/A

Walking directions to Newark Castle

Parks

No parks nearby

Area Profile

Population
436
Population density
3,663 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
29.41(-15%)
Anti-social behaviour
17.65(+4%)
Criminal damage and arson
11.18(+50%)
Public order
5.29(-24%)
Other theft
5.29(-7%)
East Midlands average

Demographics

Ethnic groups

British
362
83.22%
Other White
58
13.33%
White and Black Caribbean (mixed)
4
0.92%
Indian
3
0.69%
Gypsy or Irish Traveller
2
0.46%
Total population: 435

Economics

Education (age 16+)

Level 4+ (Degree)
93
25.76%
No qualifications
73
20.22%
Level 3 (A level)
64
17.73%
Level 1 (GCSEs 3-1)
41
11.36%
Level 2 (GCSEs 9-4)
41
11.36%
Total 16+ residents: 361

Housing

Housing tenure

Owns with a mortgage
67
37.22%
Owns outright
65
36.11%
Private landlord or letting agency
26
14.44%
Other social rented
13
7.22%
Shared ownership
7
3.89%
Total households: 180

Schools

In the NG24 2AE postcode area, located within Newark North, there are 3 primary and 0 secondary schools in close proximity.

Nearby primary and secondary schools for NG24 2AE
DistancePhaseNameTypeRating
0.3 miPrimaryBishop Alexander L.E.A.D. AcademyAcademy sponsor led

Good

0.6 miPrimaryLovers Lane Primary and Nursery SchoolCommunity school

Requires improvement

0.9 miPrimaryMount CofE Primary SchoolAcademy converter

N/A

Local amenities

4 nearby supermarkets & convenience stores within mi of NG24 2AE

Nearby supermarkets & convenience stores for NG24 2AE
DistanceNameAddressDirections
0.1 miMiddleton Road StoresTerry Avenue, Newark and Sherwood, NG24 2DWWalking directions to Middleton Road Stores
0.2 miA & S Convenience StoreMeering Avenue, Newark and Sherwood, NG24 2BLWalking directions to A & S Convenience Store
0.2 miLincolnshire Co-opLincoln Road, Newark, NG24 2DPWalking directions to Lincolnshire Co-op
0.3 miYorke 1 FoodstoreStukeley Court, Newark and Sherwood, NG24 2HWWalking directions to Yorke 1 Foodstore