21, Maythorne Close
21, Maythorne Close
Description & Estimates
21, Maythorne Close, Newark is recorded publicly as a mid-century leasehold apartment across 419 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 21, Maythorne Close, Newark is £72,199 and its rental estimate is £525 per month, given the available information and assuming reasonable condition.
Maythorne Close, Balderton, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
21, Maythorne Close, Newark has 31 entries in the Land Registry , most recently in February 2019 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 21, Maythorne Close, Newark, we estimate a market value of £75,809 and a rental value of £551 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £67,145 and £488 per month respectively.
Recent Market Change
Over the last year, 21, Maythorne Close, Newark has seen its estimated sale value move down by £161 (0.2%) and its estimated rental value increase by £17 per month (3.3%). This results in an estimated gross rental yield of 8.7%.
Energy Efficiency
21, Maythorne Close, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Nov 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 21, Maythorne Close, Newark completed on 15th February 2019 at £68,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 32.4% over the period since February 2019.
- Sold Feb 2019£68,500
- Sold Sep 2003£49,950
- Sold Jan 2001£20,300
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 21, Maythorne Close, Newark have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th October 2022, was 6, Maythorne Close, Newark, NG24 3BG, a leasehold flat which sold for £72,500.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 24 addresses on Maythorne Close, Balderton, Newark, NG24, 21, Maythorne Close, Newark comes out as the 19th largest and the 21st most expensive in our analysis of the public data.
It is also £140k less expensive than the average property across the NG24 district.
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Schools Nearby
- 200mJohn Hunt Academy
- 900mChuter Ede Primary School
- 1.3kmThe Sir Donald Bailey Academy
- 300mThe Newark Academy
- 1.2kmMagnus Church of England Academy
- 2.3kmThe Suthers School
More reading links
Public Transport Nearby
From 21, Maythorne Close, Newark, the nearest station is Newark Northgate, 2.5 kilometres away.
- 2.5kmNewark Northgate
- 2.7kmNewark Castle
- 7.4kmRolleston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
