21, Smith Street
21, Smith Street
Description & Estimates
21, Smith Street, Newark is recorded publicly as a mid-century leasehold apartment across 495 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 21, Smith Street, Newark is £81,624 and its rental estimate is £568 per month, given the available information and assuming reasonable condition.
21, Smith Street is a residential building on Smith Street, Balderton, Newark, NG24 and falls within the NG24 postal district and the borough of Newark and Sherwood.
Our Data Sources
21, Smith Street, Newark has a single entry in the Land Registry from March 2011 and a single entry in the EPC database dated March 2016.
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.
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, Smith Street, Newark, we estimate a market value of £85,705 and a rental value of £597 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £75,910 and £529 per month respectively.
Recent Market Change
Over the last year, 21, Smith Street, Newark has seen its estimated sale value decline by £182 (0.2%) and its estimated rental value climb by £19 per month (3.3%). This results in an estimated gross rental yield of 8.4%.
Energy Efficiency
21, Smith Street, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 21, Smith Street, Newark completed on 25th March 2011 at £56,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 43.7% over the period since March 2011.
- Sold Mar 2011£56,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 21, Smith Street, Newark have sold within a radius of 710 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th January 2023, was 9, Rowan Way, Newark, NG24 3AU, a leasehold flat which sold for £75,000.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 83 addresses on Smith Street, Balderton, Newark, NG24, 21, Smith Street, Newark comes out as the 77th largest and the 78th most expensive in our analysis of the public data.
It is also £130k less expensive than the average property across the NG24 district.
More reading links
Schools Nearby
- 300mJohn Hunt Academy
- 800mChuter Ede Primary School
- 1.3kmBarnby Road Academy Primary and Nursery school
- 100mThe Newark Academy
- 1.3kmMagnus Church of England Academy
- 2.3kmThe Suthers School
More reading links
Public Transport Nearby
From 21, Smith Street, Newark, the nearest station is Newark Northgate, 2.5 kilometres away.
- 2.5kmNewark Northgate
- 2.7kmNewark Castle
- 7.6kmRolleston
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.
