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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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18, Mumby Close, Newark is recorded publicly as a modern leasehold apartment across 602 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 18, Mumby Close, Newark is £84,036 and its rental estimate is £584 per month, given the available information and assuming reasonable condition.
Mumby Close, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
18, Mumby Close, Newark has a single entry in the Land Registry from December 2013 and a single entry in the EPC database dated September 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 18, Mumby Close, Newark, we estimate a market value of £88,238 and a rental value of £613 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £78,154 and £543 per month respectively.
Over the last year, 18, Mumby Close, Newark has seen its estimated sale value drop by £188 (0.2%) and its estimated rental value rise by £19 per month (3.3%). This results in an estimated gross rental yield of 8.3%.
18, Mumby Close, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Sep 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 18, Mumby Close, Newark completed on 18th December 2013 at £55,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 41.6% over the period since December 2013.
Over the past 2 years 3 properties similar to 18, Mumby Close, Newark have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th June 2025, was 20, Mumby Close, Newark, NG24 1JE, a leasehold flat which sold for £52,500.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 19 addresses on Mumby Close, Newark, NG24, 18, Mumby Close, Newark comes out as the 9th largest and the 10th most expensive in our analysis of the public data.
It is also £128k less expensive than the average property across the NG24 district.
From 18, Mumby Close, Newark, the nearest station is Newark Northgate, 300 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Mumby Close, Newark, 66.0% of property is socially rented and 20.1% is privately rented.
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, Mumby Close, Newark, 20.1% of residents are recorded as possessing school level qualifications and 15.1% 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, Mumby Close, Newark, the average age was 39.6 and the most common age was 32.
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, Mumby Close, Newark, 0.7% 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, Mumby Close, Newark, there are an average of 0.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
