16, Colliery Way
16, Colliery Way
Description & Estimates
According to the public record, 16, Colliery Way, Newark is a modern house with 635 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Colliery Way, Newark is £192,638 and the estimated rental value is £1,028 per month.
Colliery Way, Bilsthorpe, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
Our Data Sources
16, Colliery Way, Newark has no records in the the Land Registry and a single entry in the EPC database dated June 2023.
We combine this information with public data 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
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 16, Colliery Way, Newark is in very good condition we estimate a sale value of £202,270 and a rental value of £1,080 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,153 and a rental value of £956 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 16, Colliery Way, Newark has dropped by £1,676 (0.9%), while its estimated rental value has risen by £33 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 6.4%.
Energy Efficiency
16, Colliery Way, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Jun 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Colliery Way, Newark within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 14, Colliery Way, Newark, NG22 8GG, a freehold house which sold for £106,333 on the 16th August 2023.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Colliery Way, Bilsthorpe, Newark, NG22 has a total of 47 addresses. According to our analysis of all the public data, 16, Colliery Way, Newark is the 45th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in NG22.
More reading links
Schools Nearby
- 500mBilsthorpe Flying High Academy
- 4.2kmFarnsfield St Michael's Church of England Primary School
- 4.5kmKirklington Primary School
- 6.9kmThe Joseph Whitaker School
- 7.2kmThe Garibaldi School
- 7.6kmThe Dukeries Academy
More reading links
Public Transport Nearby
The closest station to 16, Colliery Way, Newark is Mansfield station, which is 11.2 kilometres away.
- 11.2kmMansfield
- 11.5kmMansfield Woodhouse
- 12.1kmFiskerton
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
