12, Colliery Way
12, Colliery Way
Description & Estimates
12, Colliery Way, Newark is described in the public record as a modern house with 635 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 12, Colliery Way, Newark is £189,021 and its rental estimate is £1,009 per month, given the available information and assuming reasonable condition.
Colliery Way, Bilsthorpe, Newark, NG22 falls within the NG22 postal district, in the borough of Newark and Sherwood.
Our Data Sources
12, Colliery Way, Newark has no records in the the Land Registry and a single entry in the EPC database dated May 2023.
We combine this information with public data 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 12, Colliery Way, Newark, we estimate a market value of £198,472 and a rental value of £1,059 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £175,790 and £938 per month respectively.
Recent Market Change
Over the last year, 12, Colliery Way, Newark has seen its estimated sale value fall by £1,645 (0.9%) and its estimated rental value move up by £33 per month (3.2%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
12, Colliery Way, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 May 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Colliery Way, Newark have sold within a radius of 2.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th August 2023, was 14, Colliery Way, Newark, NG22 8GG, a freehold house which sold for £106,333.
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
Of the 47 addresses on Colliery Way, Bilsthorpe, Newark, NG22, 12, Colliery Way, Newark comes out as the 47th largest and the 47th most expensive in our analysis of the public data.
It is also £57k less expensive than the average property across the NG22 district.
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Schools Nearby
- 500mBilsthorpe Flying High Academy
- 4.2kmFarnsfield St Michael's Church of England Primary School
- 4.5kmKirklington Primary School
- 6.9kmThe Joseph Whitaker School
- 7.2kmThe Garibaldi School
- 7.6kmThe Dukeries Academy
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Public Transport Nearby
From 12, Colliery Way, Newark, the nearest station is Mansfield, 11.2 kilometres away.
- 11.2kmMansfield
- 11.5kmMansfield Woodhouse
- 12.1kmFiskerton
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
