1, Parkgate Close
1, Parkgate Close
Description & Estimates
Public records show 1, Parkgate Close, Newark to be a modern freehold house with 1,173 ft2 of internal area, sitting on a 284 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
1, Parkgate Close, Newark has an estimated sale value of £225,874 and an estimated rental value of £1,142 per month, assuming reasonable condition and based on the information available.
Parkgate Close, New Ollerton, Newark, NG22 lies in the borough of Newark and Sherwood, within the NG22 postal district.
Our Data Sources
1, Parkgate Close, Newark has a single entry in the Land Registry from May 2021 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 1, Parkgate Close, Newark would be worth £237,168, with a potential rental value of £1,199 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £210,063, with a rental value of £1,062 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Parkgate Close, Newark has decreased by £1,965 (0.9%) over the last year. During the same period, its estimated monthly rental value has grown by £37 (3.2%). The property's estimated gross yield is currently 6.1%.
Plot Size
1, Parkgate Close, Newark occupies a 284 m2 plot as recorded by HM Land Registry.
All 12 other houses in this postcode have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
1, Parkgate Close, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 May 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Parkgate Close, Newark last changed hands on 28th May 2021, selling for £222,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 55.0% since May 2021.
- Sold May 2021£222,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 840 metres of 1, Parkgate Close, Newark across the last 2 years.
Most recently, 7, Swan Lane, Newark, NG22 9XW, a freehold house, sold at £265,000 on the 8th August 2025.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Parkgate Close, Newark as the largest and the most expensive of the 12 addresses on Parkgate Close, New Ollerton, Newark, NG22.
Against the NG22 postcode district average, it is £20k less expensive than the typical property.
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Schools Nearby
- 600mThe Parkgate Academy
- 1.0kmSt Joseph's Catholic Primary and Nursery School
- 1.1kmThe Forest View Academy
- 600mThe Dukeries Academy
- 8.4kmTuxford Academy
- 9.6kmMeden School
More reading links
Public Transport Nearby
Retford station is the nearest stop to 1, Parkgate Close, Newark at 12.0 kilometres away.
- 12.0kmRetford
- 13.2kmShirebrook
- 13.4kmWorksop
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
