15, Parkes Close
15, Parkes Close
Description & Estimates
The public record describes 15, Parkes Close, Newark as a mid-century house with 592 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
15, Parkes Close, Newark has an estimated sale value of £137,583 and an estimated rental value of £767 per month, assuming reasonable condition and based on the information available.
Parkes Close, Coddington, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
Our Data Sources
15, Parkes 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 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 15, Parkes Close, Newark would be worth £144,462, with a potential rental value of £806 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £127,952, with a rental value of £713 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 15, Parkes Close, Newark has dropped by £2,169 (1.6%) over the last year. During the same period, its estimated monthly rental value has risen by £15 (1.9%). The property's estimated gross yield is currently 6.7%.
Energy Efficiency
15, Parkes Close, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 2.5 kilometres of 15, Parkes Close, Newark across the last 2 years.
Most recently, Highlander House, Stapleford Lane, Newark, NG24 2QZ, a freehold house, sold at £600,000 on the 2nd November 2015.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 15, Parkes Close, Newark as the 18th largest and the 18th most expensive of the 26 addresses on Parkes Close, Coddington, Newark, NG24.
Against the NG24 postcode district average, it is £74k less expensive than the typical property.
More reading links
Schools Nearby
- 500mCoddington CofE Primary and Nursery School
- 3.1kmBarnby Road Academy Primary and Nursery school
- 3.1kmWinthorpe Primary School
- 3.1kmThe Newark Academy
- 3.7kmMagnus Church of England Academy
- 4.8kmThe Suthers School
More reading links
Public Transport Nearby
Newark Northgate station is the nearest stop to 15, Parkes Close, Newark at 3.2 kilometres away.
- 3.2kmNewark Northgate
- 4.1kmNewark Castle
- 6.9kmCollingham
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
