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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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According to the public record, 22, The Park, Newark is a period freehold house with 1,890 ft2 of internal area and sits on a 496 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 22, The Park, Newark is £491,388 and the estimated rental value is £1,301 per month.
The Park, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
22, The Park, Newark has 21 entries in the Land Registry , most recently in December 2011 and a single entry in the EPC database dated October 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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, The Park, Newark is in very good condition we estimate a sale value of £515,957 and a rental value of £1,366 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £456,991 and a rental value of £1,210 per month.
Over the last 12 months the sale value of 22 The Park Newark has decreased by an estimated £6,149 (1.3%) and its rental value has increased by an estimated £29 per month (2.3%), giving an expected gross yield of 3.2%.
According to data from HM Land Registry, 22, The Park, Newark sits on a plot of 496m2.
We have plot size data on 29 out of 31 other houses in the postcode and 22, The Park, Newark sits on the 10th largest plot.
22, The Park, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Oct 2011.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 22, The Park, Newark was last sold on 16th December 2011 for £310,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2011, the market for similar properties has risen 35.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, The Park, Newark within a radius of 570 metres over the last 2 years.
The most recent example is 9, The Park, Newark, NG24 1SD, a freehold house which sold for £425,000 on the 4th February 2021.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Park, Newark, NG24 has a total of 35 addresses. According to our analysis of all the public data, 22, The Park, Newark is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £280k more expensive than the average property in NG24.
The closest station to 22, The Park, Newark is Newark Northgate station which is 1.5 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 22, The Park, Newark, 28.8% of property is privately owned with a mortgage and 27.1% is privately rented.
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, The Park, Newark, 14.6% of residents are recorded as possessing school level qualifications and 30.0% 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, The Park, Newark, the average age was 40.7 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, The Park, Newark, 1.6% 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, The Park, Newark, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
