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According to the public record, 2, Knipton Close, Newark is a mid-century freehold house with 710 ft2 of internal area and sits on a 495 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Knipton Close, Newark is £207,697 and the estimated rental value is £906 per month.
Knipton Close, Balderton, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
2, Knipton Close, Newark has a single entry in the Land Registry from May 2018 and a single entry in the EPC database dated January 2018.
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, Knipton Close, Newark is in very good condition we estimate a sale value of £218,082 and a rental value of £951 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £193,159 and a rental value of £843 per month.
Over the past 12 months, the estimated sale value of 2, Knipton Close, Newark has moved down by £2,504 (1.2%), while its estimated rental value has increased by £21 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 5.2%.
According to data from HM Land Registry, 2, Knipton Close, Newark sits on a plot of 495 m2.
We have plot size data on 3 out of 5 other houses in the postcode and 2, Knipton Close, Newark sits on the 2nd largest plot.
2, Knipton Close, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jan 2018.
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, Knipton Close, Newark was last sold on 10th May 2018 for £166,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen by 12.1%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Knipton Close, Newark within a radius of 770 metres over the last 2 years.
The most recent example is 8, Marquis Avenue, Newark, NG24 3HY, a freehold house which sold for £190,000 on the 21st June 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Knipton Close, Balderton, Newark, NG24 has a total of 5 addresses. According to our analysis of all the public data, 2, Knipton Close, Newark is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in NG24.
The closest station to 2, Knipton Close, Newark is Newark Northgate station, which is 3.7 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, Knipton Close, Newark, 49.6% of property is privately owned with a mortgage and 30.6% 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, Knipton Close, Newark, 17.3% of residents are recorded as possessing school level qualifications and 31.3% 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, Knipton Close, Newark, the average age was 44.2 and the most common age was 52.
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, Knipton Close, Newark, 0.0% 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, Knipton Close, Newark, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
