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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Thorpe Close, Newark is a mid-century freehold house with 1,133 ft2 of internal area and sits on a 235 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Thorpe Close, Newark is £229,789 and the estimated rental value is £1,086 per month.
Thorpe Close, Coddington, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
2, Thorpe Close, Newark has 21 entries in the Land Registry , most recently in November 2010 and a single entry in the EPC database dated June 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Thorpe Close, Newark is in very good condition we estimate a sale value of £241,279 and a rental value of £1,141 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,704 and a rental value of £1,010 per month.
Over the last 12 months the sale value of 2 Thorpe Close Newark has decreased by an estimated £2,057 (0.9%) and its rental value has increased by an estimated £28 per month (2.6%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 2, Thorpe Close, Newark sits on a plot of 235m2.
We have plot size data on 6 out of 16 other houses in the postcode and 2, Thorpe Close, Newark sits on the 4th largest plot.
2, Thorpe Close, Newark has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 02 Jun 2010.
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, Thorpe Close, Newark was last sold on 12th November 2010 for £118,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2010, the market for similar properties has risen 29.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Thorpe Close, Newark within a radius of 2.5 kilometres over the last 2 years.
The most recent example is 19, Morgans Close, Newark, NG24 2PU, a freehold house which sold for £163,955 on the 10th February 2021.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thorpe Close, Coddington, Newark, NG24 has a total of 28 addresses. According to our analysis of all the public data, 2, Thorpe Close, Newark is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £18k more expensive than the average property in NG24.
The closest station to 2, Thorpe Close, Newark is Newark Northgate station which is 3.3 kilometres 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, Thorpe Close, Newark, 42.1% of property is socially rented and 37.2% 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, Thorpe Close, Newark, 10.4% of residents are recorded as possessing school level qualifications and 24.6% 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, Thorpe 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, Thorpe Close, Newark, 2.8% 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, Thorpe Close, Newark, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
