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Farrar Close is a residential street with 4 addresses.
It ranks as the 68th largest and 815th most expensive of the 864 streets in the NG24 area.
The street contains a total of 4 properties: 4 houses.
Farrar Close is a residential street with 4 addresses.
It ranks as the 68th largest and 815th most expensive of the 864 streets in the NG24 area.
The street contains a total of 4 properties: 4 houses.
Sale prices range from £418,317 for 5 bedroom freehold houses with a garden (2,087 ft2) to £418,317 for 5 bedroom freehold houses with a garden (2,087 ft2) .
Monthly rental prices range from £1,383 pcm for 5 bed houses to £1,383 pcm for 5 bed houses.
The gross rental yield is between 4.0% and 4.0%.
The average value per square foot is £200.
The last sale on Farrar Close sold for £70,000 on 16th August 2013. Since then prices are down an average of 0.0%.
The current average value in the street is £418,317.
The Farrar Close Sales Market has increased by 35.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.9% | £418,317 |
| May 2025 | -0.1% | £422,314 |
| May 2024 | -0.7% | £422,537 |
| May 2023 | 2.1% | £425,406 |
| May 2022 | 10% | £416,655 |
| May 2021 | 7.6% | £378,915 |
| May 2020 | 0.4% | £352,120 |
| May 2019 | 1.1% | £350,630 |
| May 2018 | 7.2% | £346,701 |
| May 2017 | 4.4% | £323,335 |
| May 2016 | 5.3% | £309,709 |
| May 2015 | 3.4% | £294,194 |
| May 2014 | 5% | £284,603 |
| May 2013 | 2.1% | £271,129 |
| May 2012 | 1.6% | £265,438 |
| May 2011 | -2.4% | £261,366 |
| May 2010 | 5.8% | £267,720 |
| May 2009 | -9.8% | £253,139 |
| May 2008 | -0.5% | £280,540 |
| May 2007 | 0% | £281,827 |
The current average rental value in the street is £1,383.
The Farrar Close Rental Market has increased by 45.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.6% | £1,383pcm |
| May 2025 | 3.2% | £1,348pcm |
| May 2024 | 5.9% | £1,307pcm |
| May 2023 | 9.1% | £1,234pcm |
| May 2022 | 3.6% | £1,131pcm |
| May 2021 | 4.4% | £1,092pcm |
| May 2020 | 1.3% | £1,046pcm |
| May 2019 | 2.8% | £1,033pcm |
| May 2018 | 1.8% | £1,005pcm |
| May 2017 | 3.6% | £987pcm |
| May 2016 | 5.4% | £952pcm |
| May 2015 | 0.1% | £904pcm |
| May 2014 | 2.2% | £903pcm |
| May 2013 | 0.7% | £883pcm |
| May 2012 | 2.8% | £876pcm |
| May 2011 | 0.9% | £853pcm |
| May 2010 | 2.7% | £845pcm |
| May 2009 | -0.7% | £823pcm |
| May 2008 | 2.4% | £829pcm |
| May 2007 | 0% | £810pcm |
The last sale was on 16th August 2013 for £70,000 and since then the market in the area has remained stable. The street has had a total of 1 sales since 1995.
Farrar Close, Newark, NG24 has seen no sales in the last three years and no sales in the last twelve months.
Farrar Close, Newark, NG24 is the 68th largest and the 815th most expensive street in the NG24 area.
There is 1 postcode on Farrar Close, Newark, NG24.
The closest station to Farrar Close, Newark, NG24 is Newark Northgate station which is 700 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Farrar Close, Newark, NG24, 34.2% of property is privately owned with a mortgage and 31.6% is privately owned outright.
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 Farrar Close, Newark, NG24, 17.4% of residents are recorded as possessing school level qualifications and 17.4% 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 Farrar Close, Newark, NG24, 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 Farrar Close, Newark, NG24, 0.3% 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 Farrar Close, Newark, NG24, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.