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According to the public record, 2, Smithson Close, Newark is a mid-century house with 570 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Smithson Close, Newark is £119,305 and the estimated rental value is £698 per month.
Smithson Close, Balderton, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
2, Smithson Close, Newark has no records in the the Land Registry and a single entry in the EPC database dated April 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Smithson Close, Newark is in very good condition we estimate a sale value of £125,270 and a rental value of £733 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £110,953 and a rental value of £649 per month.
Over the last 12 months the sale value of 2 Smithson Close Newark has decreased by an estimated £858 (0.7%) and its rental value has increased by an estimated £14 per month (2.0%), giving an expected gross yield of 7%.
2, Smithson Close, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2, Smithson Close, Newark within a radius of 680 metres over the last 2 years.
The most recent example is 228, London Road, Newark, NG24 3HD, a freehold house which sold for £135,000 on the 29th September 2023.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smithson Close, Balderton, Newark, NG24 has a total of 22 addresses. According to our analysis of all the public data, 2, Smithson Close, Newark is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in NG24.
The closest station to 2, Smithson Close, Newark is Newark Northgate station which is 3.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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, Smithson 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, Smithson 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, Smithson 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, Smithson 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.