2, Diamond Close
2, Diamond Close
Description & Estimates
Public records show 2, Diamond Close, Newark to be a modern freehold house with 764 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Diamond Close, Newark has an estimated sale value of £197,178 and an estimated rental value of £1,068 per month, assuming reasonable condition and based on the information available.
Diamond Close, New Ollerton, Newark, NG22 lies in the borough of Newark and Sherwood, within the NG22 postal district.
Our Data Sources
2, Diamond Close, Newark has a single entry in the Land Registry from November 2023 and a single entry in the EPC database dated October 2023.
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
In very good condition, we estimate 2, Diamond Close, Newark would be worth £207,036, with a potential rental value of £1,121 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £183,375, with a rental value of £993 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Diamond Close, Newark has dropped by £1,716 (0.9%) over the last year. During the same period, its estimated monthly rental value has risen by £35 (3.2%). The property's estimated gross yield is currently 6.5%.
Energy Efficiency
2, Diamond Close, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Oct 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Diamond Close, Newark last changed hands on 20th November 2023, selling for £211,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 30.0% since November 2023.
- Sold Nov 2023£211,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 780 metres of 2, Diamond Close, Newark across the last 2 years.
Most recently, 18, Diamond Close, Newark, NG22 9YP, a freehold house, sold at £204,245 on the 9th May 2024.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Diamond Close, Newark as the 13th largest and the 13th most expensive of the 18 addresses on Diamond Close, New Ollerton, Newark, NG22.
Against the NG22 postcode district average, it is £49k less expensive than the typical property.
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Schools Nearby
- 700mThe Forest View Academy
- 700mMaun Infant and Nursery School
- 700mThe Parkgate Academy
- 700mThe Dukeries Academy
- 8.8kmTuxford Academy
- 9.2kmMeden School
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Public Transport Nearby
Retford station is the nearest stop to 2, Diamond Close, Newark at 12.3 kilometres away.
- 12.3kmRetford
- 12.8kmShirebrook
- 13.4kmWorksop
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
