15, Park View
15, Park View
Description & Estimates
15, Park View, Newark is recorded publicly as a modern freehold house across 1,829 ft2 of internal area, sitting on a 449 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 15, Park View, Newark is £515,251 and its rental estimate is £1,516 per month, given the available information and assuming reasonable condition.
Park View, Long Bennington, Newark, NG23 falls within the NG23 postal district, in the borough of South Kesteven.
Our Data Sources
15, Park View, Newark has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated September 2021.
We combine this information with that 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 15, Park View, Newark, we estimate a market value of £541,013 and a rental value of £1,591 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £479,183 and £1,409 per month respectively.
Recent Market Change
Over the last year, 15, Park View, Newark has seen its estimated sale value fall by £6,890 (1.3%) and its estimated rental value move up by £32 per month (2.1%). This results in an estimated gross rental yield of 3.5%.
Plot Size
HM Land Registry records the plot of land for 15, Park View, Newark as measuring 449 m2.
That makes it the 11th largest plot in the postcode, where 16 of the 18 other houses have recorded plot data.
Energy Efficiency
15, Park View, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 15, Park View, Newark completed on 30th September 2021 at £465,000 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 2.8% over the period since September 2021.
- Sold Sep 2021£465,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 15, Park View, Newark have sold within a radius of 4.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd March 2022, was 5, Park View, Newark, NG23 5GU, a freehold house which sold for £515,000.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 18 addresses on Park View, Long Bennington, Newark, NG23, 15, Park View, Newark comes out as the 16th largest and the 14th most expensive in our analysis of the public data.
It is also £146k more expensive than the average property across the NG23 district.
More reading links
Schools Nearby
- 1.1kmLong Bennington Church of England Academy
- 4.1kmThe Claypole Church of England Primary School
- 5.7kmAllington with Sedgebrook Church of England Primary School
- 4.8kmThe Suthers School
- 7.2kmThe Newark Academy
- 7.7kmThe Priory Belvoir Academy
More reading links
Public Transport Nearby
From 15, Park View, Newark, the nearest station is Bottesford, 6.6 kilometres away.
- 6.6kmBottesford
- 8.4kmElton & Orston
- 9.5kmNewark Northgate
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
