2, Parklands Close
2, Parklands Close
Description & Estimates
2, Parklands Close, Newark is described in the public record as a mid-century house with 1,786 ft2 of internal area, sitting on a 828 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 2, Parklands Close, Newark is £378,022 and its rental estimate is £1,284 per month, given the available information and assuming reasonable condition.
Parklands Close, Coddington, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
2, Parklands Close, Newark has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2023.
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.
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, Parklands Close, Newark, we estimate a market value of £396,923 and a rental value of £1,349 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £351,561 and £1,195 per month respectively.
Recent Market Change
Over the last year, 2, Parklands Close, Newark has seen its estimated sale value decrease by £4,730 (1.3%) and its estimated rental value grow by £29 per month (2.3%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for 2, Parklands Close, Newark as measuring 828 m2.
That makes it the 9th largest plot in the postcode, where 16 of the 20 other houses have recorded plot data.
Energy Efficiency
2, Parklands Close, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Parklands Close, Newark completed on 2nd August 2004 at £209,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold Aug 2004£209,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Parklands Close, Newark have sold within a radius of 1.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th July 2023, was 9, Henton Close, Newark, NG24 2TE, a freehold house which sold for £350,000.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 20 addresses on Parklands Close, Coddington, Newark, NG24, 2, Parklands Close, Newark comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £166k more expensive than the average property across the NG24 district.
More reading links
Schools Nearby
- 400mCoddington CofE Primary and Nursery School
- 2.4kmBarnby Road Academy Primary and Nursery school
- 2.5kmBishop Alexander L.E.A.D. Academy
- 2.7kmThe Newark Academy
- 3.0kmMagnus Church of England Academy
- 4.7kmThe Suthers School
More reading links
Public Transport Nearby
From 2, Parklands Close, Newark, the nearest station is Newark Northgate, 2.4 kilometres away.
- 2.4kmNewark Northgate
- 3.3kmNewark Castle
- 6.9kmCollingham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
