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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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According to the public record, 2, Chestnut Copse, Newark is a modern freehold house with 1,550 ft2 of internal area and sits on a 585 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Chestnut Copse, Newark is £391,152 and the estimated rental value is £1,164 per month.
Chestnut Copse, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
2, Chestnut Copse, Newark has 21 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 2, Chestnut Copse, Newark is in very good condition we estimate a sale value of £410,710 and a rental value of £1,223 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £363,771 and a rental value of £1,083 per month.
Over the last 12 months the sale value of 2 Chestnut Copse Newark has decreased by an estimated £1,447 (0.4%) and its rental value has increased by an estimated £25 per month (2.2%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, 2, Chestnut Copse, Newark sits on a plot of 585m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2, Chestnut Copse, Newark sits on the 2nd largest plot.
2, Chestnut Copse, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Nov 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Chestnut Copse, Newark was last sold on 21st March 2016 for £350,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2016, the market for similar properties has risen 32.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Chestnut Copse, Newark within a radius of 730 metres over the last 2 years.
The most recent example is 10, Welbourn Close, Newark, NG24 4FZ, a freehold house which sold for £356,995 on the 28th March 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Copse, Newark, NG24 has a total of 3 addresses. According to our analysis of all the public data, 2, Chestnut Copse, Newark is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £179k more expensive than the average property in NG24.
The closest station to 2, Chestnut Copse, Newark is Newark Northgate station which is 1.9 kilometres away.
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 2, Chestnut Copse, Newark, 47.2% of property is privately owned outright and 40.8% 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 2, Chestnut Copse, Newark, 14.0% of residents are recorded as possessing school level qualifications and 25.4% 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 2, Chestnut Copse, Newark, the average age was 40.7 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 2, Chestnut Copse, Newark, 1.1% 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 2, Chestnut Copse, Newark, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
