Our Data Sources
2, Welbourn Close, Newark has a single entry in the Land Registry from May 2024 and a single entry in the EPC database dated February 2024.
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.
Price Range & Condition
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, Welbourn Close, Newark is in very good condition we estimate a sale value of £309,920 and a rental value of £1,191 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,501 and a rental value of £1,055 per month.
Energy Efficiency
2, Welbourn Close, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Feb 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators (mains gas).
Sold Prices
According to HM Land Registry, 2, Welbourn Close, Newark was last sold on 10th May 2024 for £274,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2024, the market for similar properties has risen by 13.9%.
- Sold May 2024£274,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 41 sales of properties similar to 2, Welbourn Close, Newark within a radius of 670 metres since 2021.
The most recent example is 3, Paulson Walk, Newark, NG24 4FX, a freehold house which sold for £265,995 on the 18th July 2024.
Read more about house prices in NG24.
- Sold Jul 2024£265,995 | 3 Bed House3, Paulson Walk, Newark, NG24 4FX3, Paulson Walk, Newark, NG24 4FX
- Sold Jul 2024£300,000 | 3 Bed House75B, Rowan Way, Newark, NG24 3AU75B, Rowan Way, Newark, NG24 3AU
- Sold Jul 2024£266,995 | 3 Bed House1, Paulson Walk, Newark, NG24 4FX1, Paulson Walk, Newark, NG24 4FX
- Sold Jun 2024£246,995 | 3 Bed House5, Paulson Walk, Newark, NG24 4FX5, Paulson Walk, Newark, NG24 4FX
- Sold Jun 2024£255,799 | 3 Bed House2, Paulson Walk, Newark, NG24 4FX2, Paulson Walk, Newark, NG24 4FX
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £241,731, ranging from £173,829 to £351,898.
- 6 Welbourn Close
3 Bed House | 20 m | Est. Value: £236,708
- 3 Welbourn Close
3 Bed House | 21 m | Est. Value: £242,485
- 7 Welbourn Close
3 Bed House | 22 m | Est. Value: £236,708
- 4 Welbourn Close
3 Bed House | 27 m | Est. Value: £236,708
- 9 Green Avenue
3 Bed House | 28 m | Est. Value: £243,649
Location Comparison
Welbourn Close, Newark, NG24 has a total of 11 addresses. According to our analysis of all the public data, 2, Welbourn Close, Newark is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £81k more expensive than the average property in NG24.
More reading links
Schools Nearby
- The Sir Donald Bailey Academy500 m away
- The King's Church of England Primary Academy500 m away
- Barnby Road Academy Primary and Nursery school1.1 km away
- Magnus Church of England Academy500 m away
- The Newark Academy1.1 km away
- The Suthers School3.0 km away
More reading links
Public Transport Nearby
- Newark Castle|2.0 km away
- Newark Northgate|2.1 km away
- Rolleston|6.4 km away
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be Very Low.
