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Welbourn Close is a residential street with 11 addresses.
It ranks as the 283rd largest and 551st most expensive of the 864 streets in the NG24 area. The dominant property type is a modern house built after 1980.
The street contains a total of 11 properties: 11 houses.
Welbourn Close is a residential street with 11 addresses.
It ranks as the 283rd largest and 551st most expensive of the 864 streets in the NG24 area. The dominant property type is a modern house built after 1980.
The street contains a total of 11 properties: 11 houses.
Sale prices range from £233,529 for 3 bedroom freehold houses with a garden (678 ft2) to £347,104 for 4 bedroom freehold houses with a garden (1,345 ft2) .
Monthly rental prices range from £877 pcm for 3 bed houses to £1,154 pcm for 4 bed houses.
The gross rental yield is between 4.0% and 4.5%.
The average value per square foot is £344.
The last sale on Welbourn Close sold for £230,995 on 1st August 2024. Since then prices are down an average of 1.9%.
The current average value in the street is £280,582.
The Welbourn Close Sales Market has increased by 37.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.2% | £280,582 |
| May 2025 | -0.1% | £284,063 |
| May 2024 | 0.3% | £284,238 |
| May 2023 | 2.2% | £283,445 |
| May 2022 | 10.5% | £277,282 |
| May 2021 | 8% | £250,853 |
| May 2020 | 0.1% | £232,238 |
| May 2019 | 1.7% | £232,078 |
| May 2018 | 6.9% | £228,139 |
| May 2017 | 4.9% | £213,430 |
| May 2016 | 4.6% | £203,527 |
| May 2015 | 3.7% | £194,533 |
| May 2014 | 6.4% | £187,630 |
| May 2013 | 2.6% | £176,402 |
| May 2012 | 1.6% | £171,958 |
| May 2011 | -4% | £169,324 |
| May 2010 | 3.8% | £176,350 |
| May 2009 | -12% | £169,834 |
| May 2008 | -2% | £193,095 |
| May 2007 | 0% | £197,120 |
The current average rental value in the street is £994.
The Welbourn Close Rental Market has increased by 48.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.3% | £994pcm |
| May 2025 | 3.4% | £972pcm |
| May 2024 | 6.6% | £940pcm |
| May 2023 | 9.4% | £882pcm |
| May 2022 | 4.2% | £806pcm |
| May 2021 | 4.6% | £773pcm |
| May 2020 | 1.3% | £739pcm |
| May 2019 | 3.3% | £730pcm |
| May 2018 | 1.3% | £706pcm |
| May 2017 | 4.1% | £697pcm |
| May 2016 | 4.8% | £669pcm |
| May 2015 | 0.3% | £638pcm |
| May 2014 | 3.6% | £636pcm |
| May 2013 | 1.3% | £614pcm |
| May 2012 | 2.5% | £606pcm |
| May 2011 | -0.4% | £591pcm |
| May 2010 | 0.9% | £594pcm |
| May 2009 | -3.2% | £589pcm |
| May 2008 | 0.7% | £608pcm |
| May 2007 | 0% | £604pcm |
The last sale was on 1st August 2024 for £230,995 and since then the market in the area has decreased by 1.9%. The street has had a total of 9 sales since 1995.
Welbourn Close, Newark, NG24 has seen 9 sales in the last three years and no sales in the last twelve months.
Welbourn Close, Newark, NG24 is the 283rd largest and the 551st most expensive street in the NG24 area.
There is 1 postcode on Welbourn Close, Newark, NG24.
The closest station to Welbourn Close, Newark, NG24 is Newark Castle station which is 2.0 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Welbourn Close, Newark, NG24, 27.8% of property is privately owned with a mortgage and 26.8% 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 Welbourn Close, Newark, NG24, 21.6% of residents are recorded as possessing school level qualifications and 16.5% 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 Welbourn Close, Newark, NG24, the average age was 40.7 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 Welbourn Close, Newark, NG24, 0.0% 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 Welbourn Close, Newark, NG24, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.