22, Colliery Way
22, Colliery Way
Description & Estimates
22, Colliery Way, Newark is recorded publicly as a modern freehold house across 839 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 22, Colliery Way, Newark is £225,988 and its rental estimate is £1,153 per month, given the available information and assuming reasonable condition.
Colliery Way, Bilsthorpe, Newark, NG22 falls within the NG22 postal district, in the borough of Newark and Sherwood.
Our Data Sources
22, Colliery Way, Newark has a single entry in the Land Registry from October 2023 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 22, Colliery Way, Newark, we estimate a market value of £237,288 and a rental value of £1,211 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £210,169 and £1,072 per month respectively.
Recent Market Change
Over the last year, 22, Colliery Way, Newark has seen its estimated sale value move down by £1,966 (0.9%) and its estimated rental value increase by £37 per month (3.2%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
22, Colliery Way, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Jun 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 22, Colliery Way, Newark completed on 6th October 2023 at £218,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 42.0% over the period since October 2023.
- Sold Oct 2023£218,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 22, Colliery Way, Newark have sold within a radius of 2.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th June 2024, was 4, Colliery Way, Newark, NG22 8GG, a freehold house which sold for £225,000.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 47 addresses on Colliery Way, Bilsthorpe, Newark, NG22, 22, Colliery Way, Newark comes out as the 34th largest and the 30th most expensive in our analysis of the public data.
It is also £20k less expensive than the average property across the NG22 district.
More reading links
Schools Nearby
- 500mBilsthorpe Flying High Academy
- 4.2kmFarnsfield St Michael's Church of England Primary School
- 4.5kmKirklington Primary School
- 6.9kmThe Joseph Whitaker School
- 7.2kmThe Garibaldi School
- 7.6kmThe Dukeries Academy
More reading links
Public Transport Nearby
From 22, Colliery Way, Newark, the nearest station is Mansfield, 11.2 kilometres away.
- 11.2kmMansfield
- 11.5kmMansfield Woodhouse
- 12.1kmFiskerton
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
