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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, The Paddock, Newark is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,327 ft2 of internal area and sits on a 434 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, The Paddock, Newark is £397,136 and the estimated rental value is £1,552 per month.
The Paddock, Collingham, Newark, NG23 is located in the borough of Newark and Sherwood within the NG23 postal district.
1, The Paddock, Newark has 21 entries in the Land Registry , most recently in April 2007 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 3 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, The Paddock, Newark is in very good condition we estimate a sale value of £416,993 and a rental value of £1,629 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £369,337 and a rental value of £1,443 per month.
Over the last 12 months the sale value of 1 The Paddock Newark has decreased by an estimated £6,062 (1.5%) and its rental value has increased by an estimated £27 per month (1.8%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 1, The Paddock, Newark sits on a plot of 434m2.
We have plot size data on 5 out of 6 other houses in the postcode and 1, The Paddock, Newark sits on the 2nd largest plot.
According to HM Land Registry, 1, The Paddock, Newark was last sold on 20th April 2007 for £220,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2007, the market for similar properties has risen 70.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, The Paddock, Newark within a radius of 3.8 kilometres over the last 2 years.
The most recent example is 4, The Paddock, Newark, NG23 7NA, a freehold house which sold for £415,000 on the 1st March 2024.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Paddock, Collingham, Newark, NG23 has a total of 6 addresses. According to our analysis of all the public data, 1, The Paddock, Newark is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in NG23.
The closest station to 1, The Paddock, Newark is Collingham station which is 400 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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, The Paddock, Newark, 52.5% of property is privately owned outright and 37.1% 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, The Paddock, Newark, 15.5% of residents are recorded as possessing school level qualifications and 46.2% 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, The Paddock, Newark, the average age was 48.6 and the most common age was 72.
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, The Paddock, Newark, 0.6% 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, The Paddock, Newark, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
