2 Meldrum View, Newark
2 Meldrum View, Newark
Description & Estimates
The public record describes 2 Meldrum View, Newark as a modern apartment with 559 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
2 Meldrum View, Newark has an estimated sale value of £80,628 and an estimated rental value of £572 per month, assuming reasonable condition and based on the information available.
The apartment sits within Meldrum View, Meldrum Crescent, Newark, NG24.
Meldrum Crescent, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
Our Data Sources
2 Meldrum View, Newark has no records in the the Land Registry and a single entry in the EPC database dated March 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 2 Meldrum View, Newark would be worth £84,660, with a potential rental value of £601 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £74,984, with a rental value of £532 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 Meldrum View, Newark has dropped by £180 (0.2%) over the last year. During the same period, its estimated monthly rental value has risen by £19 (3.3%). The property's estimated gross yield is currently 8.5%.
Energy Efficiency
2 Meldrum View, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 550 metres of 2 Meldrum View, Newark across the last 2 years.
Most recently, 44, Pierson Street, Newark, NG24 4JG, a leasehold flat, sold at £140,000 on the 23rd September 2022.
Read more about house prices in NG24.
•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 Meldrum View, Newark as the 45th largest and the 45th most expensive of the 50 addresses on Meldrum Crescent, Newark, NG24.
Against the NG24 postcode district average, it is £131k less expensive than the typical property.
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Schools Nearby
- 800mThe Sir Donald Bailey Academy
- 900mThe King's Church of England Primary Academy
- 900mHoly Trinity Catholic Voluntary Academy
- 1.3kmMagnus Church of England Academy
- 2.2kmThe Newark Academy
- 3.7kmThe Suthers School
More reading links
Public Transport Nearby
Newark Castle station is the nearest stop to 2 Meldrum View, Newark at 2.0 kilometres away.
- 2.0kmNewark Castle
- 2.5kmNewark Northgate
- 5.3kmRolleston
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
