15, Cheyne Drive
15, Cheyne Drive
Description & Estimates
15, Cheyne Drive, Newark is recorded publicly as a mid-century freehold house across 707 ft2 of internal area, sitting on a 583 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 15, Cheyne Drive, Newark is £238,654 and its rental estimate is £1,060 per month, given the available information and assuming reasonable condition.
Cheyne Drive, Bilsthorpe, Newark, NG22 falls within the NG22 postal district, in the borough of Newark and Sherwood.
Our Data Sources
15, Cheyne Drive, Newark has a single entry in the Land Registry from October 2011 and a single entry in the EPC database dated January 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 15, Cheyne Drive, Newark, we estimate a market value of £250,586 and a rental value of £1,113 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £221,948 and £986 per month respectively.
Recent Market Change
Over the last year, 15, Cheyne Drive, Newark has seen its estimated sale value decline by £2,076 (0.9%) and its estimated rental value climb by £34 per month (3.2%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for 15, Cheyne Drive, Newark as measuring 583 m2.
That makes it the largest plot in the postcode, where 19 of the 21 other houses have recorded plot data.
Energy Efficiency
15, Cheyne Drive, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jan 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 15, Cheyne Drive, Newark completed on 7th October 2011 at £133,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 63.1% over the period since October 2011.
- Sold Oct 2011£133,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 15, Cheyne Drive, Newark have sold within a radius of 2.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th November 2024, was 55, Orpington Way, Newark, NG22 8GN, a freehold house which sold for £217,995.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 21 addresses on Cheyne Drive, Bilsthorpe, Newark, NG22, 15, Cheyne Drive, Newark comes out as the 17th largest and the 7th most expensive in our analysis of the public data.
It is also £7k less expensive than the average property across the NG22 district.
More reading links
Schools Nearby
- 900mBilsthorpe Flying High Academy
- 3.2kmFarnsfield St Michael's Church of England Primary School
- 3.4kmKirklington Primary School
- 6.9kmThe Joseph Whitaker School
- 8.0kmThe Garibaldi School
- 8.6kmThe Dukeries Academy
More reading links
Public Transport Nearby
From 15, Cheyne Drive, Newark, the nearest station is Fiskerton, 11.0 kilometres away.
- 11.0kmFiskerton
- 11.2kmRolleston
- 11.5kmBleasby
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
