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According to the public record, 2, Nursery Close, Newark is a modern freehold house with 1,184 ft2 of internal area and sits on a 307 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, Nursery Close, Newark is £379,198 and the estimated rental value is £1,456 per month.
Nursery Close, Collingham, Newark, NG23 is located in the borough of Newark and Sherwood within the NG23 postal district.
2, Nursery Close, Newark has 2 entries in the Land Registry , most recently in October 2015 and a single entry in the EPC database dated February 2013.
We combine this information with that 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, Nursery Close, Newark is in very good condition we estimate a sale value of £398,158 and a rental value of £1,528 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £352,654 and a rental value of £1,354 per month.
Over the last 12 months the sale value of 2 Nursery Close Newark has decreased by an estimated £3,085 (0.8%) and its rental value has increased by an estimated £37 per month (2.5%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 2, Nursery Close, Newark sits on a plot of 307m2.
We have plot size data on 5 out of 5 other houses in the postcode and 2, Nursery Close, Newark sits on the 4th largest plot.
2, Nursery Close, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Feb 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 2, Nursery Close, Newark was last sold on 8th October 2015 for £255,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2015, the market for similar properties has risen 57.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Nursery Close, Newark within a radius of 3.8 kilometres over the last 2 years.
The most recent example is 1, Canon Stevens Close, Newark, NG23 7RH, a freehold house which sold for £370,000 on the 30th October 2024.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nursery Close, Collingham, Newark, NG23 has a total of 5 addresses. According to our analysis of all the public data, 2, Nursery Close, Newark is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in NG23.
The closest station to 2, Nursery Close, Newark is Collingham station which is 400 metres 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, Nursery Close, Newark, 43.9% of property is privately owned outright and 33.8% is privately owned with a mortgage.
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, Nursery Close, Newark, 14.7% of residents are recorded as possessing school level qualifications and 41.2% 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, Nursery Close, Newark, the average age was 48.6 and the most common age was 72.
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, Nursery Close, Newark, 0.8% 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, Nursery Close, Newark, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.