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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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14, Lime Tree Close, Newark is described in the public record as a mid-century house with 559 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 14, Lime Tree Close, Newark is £114,837 and its rental estimate is £733 per month, given the available information and assuming reasonable condition.
Lime Tree Close, New Ollerton, Newark, NG22 falls within the NG22 postal district, in the borough of Newark and Sherwood.
14, Lime Tree Close, Newark has no records in the the Land Registry and a single entry in the EPC database dated August 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 14, Lime Tree Close, Newark, we estimate a market value of £120,579 and a rental value of £769 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £106,799 and £682 per month respectively.
Over the last year, 14, Lime Tree Close, Newark has seen its estimated sale value fall by £999 (0.9%) and its estimated rental value move up by £24 per month (3.2%). This results in an estimated gross rental yield of 7.7%.
14, Lime Tree Close, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 14, Lime Tree Close, Newark have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th April 2021, was 37, Birklands Avenue, Newark, NG22 9SA, a freehold house which sold for £130,000.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 16 addresses on Lime Tree Close, New Ollerton, Newark, NG22, 14, Lime Tree Close, Newark comes out as the 9th largest and the 9th most expensive in our analysis of the public data.
It is also £131k less expensive than the average property across the NG22 district.
From 14, Lime Tree Close, Newark, the nearest station is Retford, 12.6 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 14, Lime Tree Close, Newark, 57.9% of property is socially rented and 22.8% 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 14, Lime Tree Close, Newark, 10.6% of residents are recorded as possessing school level qualifications and 15.2% 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 14, Lime Tree Close, Newark, the average age was 41.4 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 14, Lime Tree Close, Newark, 0.0% 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 14, Lime Tree Close, Newark, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
