2, Cardington Way
2, Cardington Way
Description & Estimates
According to the public record, 2, Cardington Way, Newark is a modern freehold house with 2,238 ft2 of internal area and sits on a 581 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Cardington Way, Newark is £472,804 and the estimated rental value is £1,421 per month.
Cardington Way, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
Our Data Sources
2, Cardington Way, Newark has 2 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated March 2020.
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.
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 2, Cardington Way, Newark is in very good condition we estimate a sale value of £496,444 and a rental value of £1,492 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £439,708 and a rental value of £1,322 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Cardington Way, Newark has declined by £5,916 (1.3%), while its estimated rental value has climbed by £32 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 3.6%.
Plot Size
According to data from HM Land Registry, 2, Cardington Way, Newark sits on a plot of 581 m2.
We have plot size data on 17 out of 18 other houses in the postcode and 2, Cardington Way, Newark sits on the largest plot.
Energy Efficiency
2, Cardington Way, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Mar 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Cardington Way, Newark was last sold on 30th June 2023 for £470,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2023, the market for similar properties has dropped by 12.2%.
- Sold Jun 2023£470,000
- Sold Feb 2022£474,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cardington Way, Newark within a radius of 900 metres over the last 2 years.
The most recent example is 3, Ribbon Pond Drive, Newark, NG24 3WW, a freehold house which sold for £430,000 on the 15th March 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Cardington Way, Newark, NG24 has a total of 18 addresses. According to our analysis of all the public data, 2, Cardington Way, Newark is the largest and the most expensive property on the street.
When compared to the postcode district it is £261k more expensive than the average property in NG24.
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Schools Nearby
- 800mThe Sir Donald Bailey Academy
- 1.3kmJohn Hunt Academy
- 1.4kmThe King's Church of England Primary Academy
- 1.6kmThe Newark Academy
- 1.6kmMagnus Church of England Academy
- 2.4kmThe Suthers School
More reading links
Public Transport Nearby
The closest station to 2, Cardington Way, Newark is Newark Castle station, which is 2.9 kilometres away.
- 2.9kmNewark Castle
- 3.1kmNewark Northgate
- 6.4kmRolleston
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be low.
