2, Green Way
2, Green Way
Description & Estimates
2, Green Way, Newark is recorded publicly as a modern freehold house across 1,291 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Green Way, Newark is £388,358 and its rental estimate is £1,478 per month, given the available information and assuming reasonable condition.
Green Way, Collingham, Newark, NG23 falls within the NG23 postal district, in the borough of Newark and Sherwood.
Our Data Sources
2, Green Way, Newark has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated July 2022.
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.
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, Green Way, Newark, we estimate a market value of £407,776 and a rental value of £1,552 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £361,173 and £1,375 per month respectively.
Recent Market Change
Over the last year, 2, Green Way, Newark has seen its estimated sale value decrease by £3,752 (1.0%) and its estimated rental value grow by £34 per month (2.3%). This results in an estimated gross rental yield of 4.6%.
Energy Efficiency
2, Green Way, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jul 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
The most recent sale of 2, Green Way, Newark completed on 20th September 2022 at £385,000 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 risen by 9.9% over the period since September 2022.
- Sold Sep 2022£385,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Green Way, Newark have sold within a radius of 3.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th June 2022, was 1A, The Hedgerows, Newark, NG23 7RL, a freehold house which sold for £385,000.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 6 addresses on Green Way, Collingham, Newark, NG23, 2, Green Way, Newark comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £19k more expensive than the average property across the NG23 district.
More reading links
Schools Nearby
- 400mJohn Blow Primary School
- 3.6kmSwinderby All Saints Church of England Primary School
- 4.9kmWinthorpe Primary School
- 9.2kmMagnus Church of England Academy
- 9.5kmThe Newark Academy
- 11.2kmNorth Kesteven Academy
More reading links
Public Transport Nearby
From 2, Green Way, Newark, the nearest station is Collingham, 100 metres away.
- 100mCollingham
- 4.1kmSwinderby
- 7.8kmNewark Northgate
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
