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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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22, Stodman Mews, Newark is recorded publicly as a modern freehold house across 570 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 22, Stodman Mews, Newark is £136,016 and its rental estimate is £733 per month, given the available information and assuming reasonable condition.
Stodman Mews, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
22, Stodman Mews, Newark has 31 entries in the Land Registry , most recently in June 2009 and a single entry in the EPC database dated June 2021.
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.
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, Stodman Mews, Newark, we estimate a market value of £142,817 and a rental value of £769 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £126,495 and £681 per month respectively.
Over the last year, 22, Stodman Mews, Newark has seen its estimated sale value move down by £2,144 (1.6%) and its estimated rental value increase by £14 per month (1.9%). This results in an estimated gross rental yield of 6.5%.
22, Stodman Mews, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 22, Stodman Mews, Newark completed on 1st June 2009 at £97,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 72.5% over the period since June 2009.
Over the past 2 years 3 properties similar to 22, Stodman Mews, Newark have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th September 2024, was 21, Castle Brewery Court, Newark, NG24 4ED, a freehold house which sold for £145,000.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 16 addresses on Stodman Mews, Newark, NG24, 22, Stodman Mews, Newark comes out as the 14th largest and the 14th most expensive in our analysis of the public data.
It is also £76k less expensive than the average property across the NG24 district.
From 22, Stodman Mews, Newark, the nearest station is Newark Castle, 500 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 22, Stodman Mews, Newark, 49.0% of property is privately rented and 21.7% is privately owned outright.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 22, Stodman Mews, Newark, 14.9% of residents are recorded as possessing school level qualifications and 26.8% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 22, Stodman Mews, Newark, the average age was 39.6 and the most common age was 32.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 22, Stodman Mews, Newark, 1.3% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 22, Stodman Mews, Newark, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
