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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, Grant Close, Newark is a modern freehold house with 3,175 ft2 of internal area and sits on a 591 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, Grant Close, Newark is £628,178 and the estimated rental value is £1,921 per month.
Grant Close, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
2, Grant Close, Newark has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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, Grant Close, Newark is in very good condition we estimate a sale value of £659,587 and a rental value of £2,017 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £584,205 and a rental value of £1,786 per month.
Over the last 12 months the sale value of 2 Grant Close Newark has decreased by an estimated £3,218 (0.5%) and its rental value has increased by an estimated £42 per month (2.2%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 2, Grant Close, Newark sits on a plot of 591m2.
We have plot size data on 4 out of 4 other houses in the postcode and 2, Grant Close, Newark sits on the 3rd largest plot.
2, Grant Close, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Aug 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Grant Close, Newark was last sold on 17th September 2021 for £546,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Grant Close, Newark within a radius of 980 metres over the last 2 years.
The most recent example is Ark Farm, Beacon Heights, Newark, NG24 2JS, a freehold house which sold for £625,000 on the 28th March 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grant Close, Newark, NG24 has a total of 4 addresses. According to our analysis of all the public data, 2, Grant Close, Newark is the largest and the most expensive property on the street.
When compared to the postcode district it is £416k more expensive than the average property in NG24.
The closest station to 2, Grant Close, Newark is Newark Northgate station which is 1.3 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, Grant Close, Newark, 61.2% of property is privately owned with a mortgage and 34.3% is privately owned outright.
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, Grant Close, Newark, 25.9% of residents are recorded as possessing school level qualifications and 42.0% 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, Grant Close, 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, Grant Close, Newark, 0.3% 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, Grant Close, Newark, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
