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According to the public record, 2, Newcomen Close, Newark is a modern house with 904 ft2 of internal area.
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, Newcomen Close, Newark is £170,804 and the estimated rental value is £1,001 per month.
Newcomen Close, Ollerton, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
2, Newcomen Close, Newark has no records in the the Land Registry and a single entry in the EPC database dated June 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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, Newcomen Close, Newark is in very good condition we estimate a sale value of £179,344 and a rental value of £1,051 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,848 and a rental value of £931 per month.
Over the last 12 months the sale value of 2 Newcomen Close Newark has increased by an estimated £431 (0.3%) and its rental value has increased by an estimated £37 per month (3.7%), giving an expected gross yield of 7%.
2, Newcomen Close, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jun 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Newcomen Close, Newark within a radius of 760 metres over the last 2 years.
The most recent example is 15, Faraday Close, Newark, NG22 9FN, a freehold house which sold for £142,500 on the 10th June 2022.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newcomen Close, Ollerton, Newark, NG22 has a total of 5 addresses. According to our analysis of all the public data, 2, Newcomen Close, Newark is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in NG22.
The closest station to 2, Newcomen Close, Newark is Shirebrook station which is 12.9 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, Newcomen Close, Newark, % of property is and % is .
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, Newcomen Close, Newark, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Newcomen 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, Newcomen Close, Newark, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.