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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 18, Lamb Close, Newark is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 949 ft2 of internal area and sits on a 399 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Lamb Close, Newark is £262,634 and the estimated rental value is £1,015 per month.
Lamb Close, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
18, Lamb Close, Newark has a single entry in the Land Registry from November 2012 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.
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 18, Lamb Close, Newark is in very good condition we estimate a sale value of £275,766 and a rental value of £1,066 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,250 and a rental value of £944 per month.
Over the last 12 months the sale value of 18 Lamb Close Newark has decreased by an estimated £1,968 (0.7%) and its rental value has increased by an estimated £22 per month (2.2%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 18, Lamb Close, Newark sits on a plot of 399m2.
We have plot size data on 22 out of 22 other houses in the postcode and 18, Lamb Close, Newark sits on the 4th largest plot.
According to HM Land Registry, 18, Lamb Close, Newark was last sold on 14th November 2012 for £155,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2012, the market for similar properties has risen 27.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Lamb Close, Newark within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 9, Garood Close, Newark, NG24 4FG, a freehold house which sold for £217,500 on the 1st November 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lamb Close, Newark, NG24 has a total of 22 addresses. According to our analysis of all the public data, 18, Lamb Close, Newark is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £50k more expensive than the average property in NG24.
The closest station to 18, Lamb Close, Newark is Newark Castle station which is 1.7 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Lamb Close, Newark, 47.0% of property is privately owned outright and 33.7% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 18, Lamb Close, Newark, 13.5% of residents are recorded as possessing school level qualifications and 39.1% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 18, Lamb Close, Newark, the average age was 42 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 18, Lamb Close, Newark, 2.7% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 18, Lamb Close, Newark, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
