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According to the public record, 2, Tannery Wharf, Newark is a modern freehold house with 957 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, Tannery Wharf, Newark is £238,296 and the estimated rental value is £958 per month.
Tannery Wharf, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
2, Tannery Wharf, Newark has 2 entries in the Land Registry , most recently in July 2011 and a single entry in the EPC database dated June 2022.
We combine this information with that 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, Tannery Wharf, Newark is in very good condition we estimate a sale value of £250,211 and a rental value of £1,006 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £221,615 and a rental value of £891 per month.
Over the last 12 months the sale value of 2 Tannery Wharf Newark has decreased by an estimated £2,873 (1.2%) and its rental value has increased by an estimated £22 per month (2.3%), giving an expected gross yield of 4.8%.
2, Tannery Wharf, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Jun 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 HM Land Registry, 2, Tannery Wharf, Newark was last sold on 22nd July 2011 for £167,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2011, the market for similar properties has risen 88.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Tannery Wharf, Newark within a radius of 630 metres over the last 2 years.
The most recent example is 1, Tannery Wharf, Newark, NG24 4US, a freehold house which sold for £187,000 on the 31st October 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tannery Wharf, Newark, NG24 has a total of 15 addresses. According to our analysis of all the public data, 2, Tannery Wharf, Newark is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in NG24.
The closest station to 2, Tannery Wharf, Newark is Newark Castle station which is 700 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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, Tannery Wharf, Newark, 48.2% of property is privately rented and 39.7% is privately owned outright.
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, Tannery Wharf, Newark, 14.8% of residents are recorded as possessing school level qualifications and 20.6% 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, Tannery Wharf, Newark, the average age was 39.6 and the most common age was 32.
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, Tannery Wharf, Newark, 0.7% 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, Tannery Wharf, Newark, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.