2, Pings Close
2, Pings Close
Description & Estimates
The public record describes 2, Pings Close, Newark as a modern house with 807 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Pings Close, Newark has an estimated sale value of £168,393 and an estimated rental value of £997 per month, assuming reasonable condition and based on the information available.
Pings Close, Besthorpe, Newark, NG23 lies in the borough of Newark and Sherwood, within the NG23 postal district.
Our Data Sources
2, Pings Close, Newark has no records in the the Land Registry and a single entry in the EPC database dated March 2019.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate 2, Pings Close, Newark would be worth £176,813, with a potential rental value of £1,047 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £156,605, with a rental value of £927 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, Pings Close, Newark has declined by £1,627 (1.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £23 (2.3%). The property's estimated gross yield is currently 7.1%.
Energy Efficiency
2, Pings Close, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.3 kilometres of 2, Pings Close, Newark across the last 2 years.
Most recently, 5, Mill Close, Newark, NG23 6QU, a freehold house, sold at £110,000 on the 27th February 2025.
Read more about house prices in NG23.
•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, Pings Close, Newark as the 3rd largest and the 3rd most expensive of the 5 addresses on Pings Close, Besthorpe, Newark, NG23.
Against the NG23 postcode district average, it is £201k less expensive than the typical property.
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Schools Nearby
- 2.8kmSutton-On-Trent Primary and Nursery School
- 3.0kmNorth Scarle Primary School
- 3.1kmJohn Blow Primary School
- 10.2kmTuxford Academy
- 11.3kmNorth Kesteven Academy
- 11.7kmSir Robert Pattinson Academy
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Public Transport Nearby
Collingham station is the nearest stop to 2, Pings Close, Newark at 3.5 kilometres away.
- 3.5kmCollingham
- 4.2kmSwinderby
- 10.5kmNewark Northgate
Risk of Flooding
Environment Agency data suggests this area has a medium risk of flooding.
