22, Main Street
22, Main Street
Description & Estimates
According to the public record, 22, Main Street, Newark is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,565 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 22, Main Street, Newark is £496,831 and the estimated rental value is £1,309 per month.
Main Street, Farndon, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
Our Data Sources
22, Main Street, Newark has 21 entries in the Land Registry , most recently in December 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 22, Main Street, Newark is in very good condition we estimate a sale value of £521,672 and a rental value of £1,374 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £462,052 and a rental value of £1,217 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 22, Main Street, Newark has dropped by £4,448 (0.9%), while its estimated rental value has risen by £34 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 3.2%.
Sold Prices
According to HM Land Registry, 22, Main Street, Newark was last sold on 10th December 2019 for £400,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2019, the market for similar properties has risen by 4.1%.
- Sold Dec 2019£400,000
- Sold Mar 2000£162,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Main Street, Newark within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 2, West End, Newark, NG24 3SG, a freehold house which sold for £490,000 on the 28th April 2023.
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
Main Street, Farndon, Newark, NG24 has a total of 26 addresses. According to our analysis of all the public data, 22, Main Street, Newark is the 5th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £285k more expensive than the average property in NG24.
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Schools Nearby
- 700mSt Peter's Crosskeys CofE Academy
- 2.8kmHoly Trinity Catholic Voluntary Academy
- 3.0kmChrist Church C of E Primary School
- 3.6kmMagnus Church of England Academy
- 4.5kmThe Newark Academy
- 5.4kmThe Suthers School
More reading links
Public Transport Nearby
The closest station to 22, Main Street, Newark is Rolleston station, which is 3.2 kilometres away.
- 3.2kmRolleston
- 3.6kmNewark Castle
- 4.0kmFiskerton
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
