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According to the public record, 1, Howgate Close, Newark is a modern house with 538 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Howgate Close, Newark is £129,311 and the estimated rental value is £826 per month.
Howgate Close, Eakring, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
1, Howgate Close, Newark has no records in the the Land Registry and a single entry in the EPC database dated July 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Howgate Close, Newark is in very good condition we estimate a sale value of £135,777 and a rental value of £867 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £120,259 and a rental value of £768 per month.
Over the last 12 months the sale value of 1 Howgate Close Newark has increased by an estimated £326 (0.3%) and its rental value has increased by an estimated £30 per month (3.7%), giving an expected gross yield of 7.7%.
1, Howgate Close, Newark has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 22 Jul 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, warm air, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Howgate Close, Newark within a radius of 3.0 kilometres over the last 2 years.
The most recent example is 20, Fern Close, Newark, NG22 8UE, a freehold house which sold for £135,000 on the 3rd May 2022.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Howgate Close, Eakring, Newark, NG22 has a total of 9 addresses. According to our analysis of all the public data, 1, Howgate Close, Newark is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £118k less expensive than the average property in NG22.
The closest station to 1, Howgate Close, Newark is Rolleston station which is 11.8 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, Howgate Close, Newark, 49.0% of property is privately owned outright and 32.8% 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, Howgate Close, Newark, 13.6% of residents are recorded as possessing school level qualifications and 40.4% 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 1, Howgate Close, Newark, the average age was 45.1 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, Howgate Close, Newark, 1.1% 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, Howgate Close, Newark, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.