15, Elm Close
15, Elm Close
Description & Estimates
According to the public record, 15, Elm Close, Newark is a freehold house that sits on a 636 m2 plot.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,361 ft2 of internal area 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 15, Elm Close, Newark is £371,111 and the estimated rental value is £1,408 per month.
Elm Close, Long Bennington, Newark, NG23 is located in the borough of South Kesteven within the NG23 postal district.
Our Data Sources
15, Elm Close, Newark has a single entry in the Land Registry from April 2008 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 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 15, Elm Close, Newark is in very good condition we estimate a sale value of £389,666 and a rental value of £1,478 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £345,133 and a rental value of £1,309 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 15, Elm Close, Newark has decreased by £4,962 (1.3%), while its estimated rental value has grown by £30 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 4.6%.
Plot Size
According to data from HM Land Registry, 15, Elm Close, Newark sits on a plot of 636 m2.
We have plot size data on 20 out of 25 other houses in the postcode and 15, Elm Close, Newark sits on the 8th largest plot.
Sold Prices
According to HM Land Registry, 15, Elm Close, Newark was last sold on 24th April 2008 for £227,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2008, the market for similar properties has risen by 42.2%.
- Sold Apr 2008£227,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Elm Close, Newark within a radius of 4.8 kilometres over the last 2 years.
The most recent example is 14, Elm Close, Newark, NG23 5EZ, a freehold house which sold for £305,000 on the 7th July 2023.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Elm Close, Long Bennington, Newark, NG23 has a total of 25 addresses. According to our analysis of all the public data, 15, Elm Close, Newark is the 3rd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £1k more expensive than the average property in NG23.
More reading links
Schools Nearby
- 500mLong Bennington Church of England Academy
- 4.2kmAllington with Sedgebrook Church of England Primary School
- 5.3kmThe Marston Thorold's Charity Church of England School
- 6.3kmThe Suthers School
- 6.7kmThe Priory Belvoir Academy
- 8.7kmThe Newark Academy
More reading links
Public Transport Nearby
The closest station to 15, Elm Close, Newark is Bottesford station, which is 5.6 kilometres away.
- 5.6kmBottesford
- 8.0kmElton & Orston
- 10.6kmAslockton
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
