2, Esam Close
2, Esam Close
Description & Estimates
2, Esam Close, Newark is recorded publicly as a modern freehold house across 1,237 ft2 of internal area, sitting on a 289 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Esam Close, Newark is £407,913 and its rental estimate is £1,578 per month, given the available information and assuming reasonable condition.
Esam Close, Farnsfield, Newark, NG22 falls within the NG22 postal district, in the borough of Newark and Sherwood.
Our Data Sources
2, Esam Close, Newark has a single entry in the Land Registry from July 2018 and a single entry in the EPC database dated July 2018.
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
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 2, Esam Close, Newark, we estimate a market value of £428,309 and a rental value of £1,657 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £379,359 and £1,468 per month respectively.
Recent Market Change
Over the last year, 2, Esam Close, Newark has seen its estimated sale value move down by £9,207 (2.3%) and its estimated rental value increase by £27 per month (1.7%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for 2, Esam Close, Newark as measuring 289 m2.
That makes it the 14th largest plot in the postcode, where 31 of the 39 other houses have recorded plot data.
Energy Efficiency
2, Esam Close, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Jul 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Esam Close, Newark completed on 27th July 2018 at £348,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 13.4% over the period since July 2018.
- Sold Jul 2018£348,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Esam Close, Newark have sold within a radius of 3.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st November 2023, was 3, Esam Close, Newark, NG22 8FF, a freehold house which sold for £442,000.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 39 addresses on Esam Close, Farnsfield, Newark, NG22, 2, Esam Close, Newark comes out as the 23rd largest and the 23rd most expensive in our analysis of the public data.
It is also £162k more expensive than the average property across the NG22 district.
More reading links
Schools Nearby
- 600mFarnsfield St Michael's Church of England Primary School
- 2.5kmKirklington Primary School
- 3.1kmHalam Church of England Primary School
- 6.6kmThe Joseph Whitaker School
- 7.8kmColonel Frank Seely Academy
- 9.8kmThe Garibaldi School
More reading links
Public Transport Nearby
From 2, Esam Close, Newark, the nearest station is Bleasby, 8.6 kilometres away.
- 8.6kmBleasby
- 8.8kmFiskerton
- 9.0kmThurgarton
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
