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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Farm Close, Newark is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,935 ft2 of internal area and sits on a 257 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Farm Close, Newark is £383,429 and the estimated rental value is £1,614 per month.
Farm Close, Bathley, Newark, NG23 is located in the borough of Newark and Sherwood within the NG23 postal district.
1, Farm Close, Newark has 2 entries in the Land Registry , most recently in April 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Farm Close, Newark is in very good condition we estimate a sale value of £402,600 and a rental value of £1,695 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £356,589 and a rental value of £1,501 per month.
Over the last 12 months the sale value of 1 Farm Close Newark has decreased by an estimated £5,127 (1.3%) and its rental value has increased by an estimated £34 per month (2.1%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 1, Farm Close, Newark sits on a plot of 257m2.
We have plot size data on 6 out of 6 other houses in the postcode and 1, Farm Close, Newark sits on the 2nd largest plot.
According to HM Land Registry, 1, Farm Close, Newark was last sold on 20th April 2018 for £325,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2018, the market for similar properties has risen 39.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Farm Close, Newark within a radius of 4.7 kilometres over the last 2 years.
The most recent example is Treble Cottage, Main Street, Newark, NG23 6DA, a freehold house which sold for £450,000 on the 18th February 2021.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farm Close, Bathley, Newark, NG23 has a total of 6 addresses. According to our analysis of all the public data, 1, Farm Close, Newark is the largest and the most expensive property on the street.
When compared to the postcode district it is £14k more expensive than the average property in NG23.
The closest station to 1, Farm Close, Newark is Newark Castle station which is 5.4 kilometres away.
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 1, Farm Close, Newark, 62.8% of property is privately owned outright and 25.7% is privately owned with a mortgage.
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 1, Farm Close, Newark, 12.6% of residents are recorded as possessing school level qualifications and 39.8% 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 1, Farm Close, Newark, the average age was 48.3 and the most common age was 57.
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 1, Farm Close, Newark, 3.2% 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 1, Farm Close, Newark, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
