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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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The public record describes 23 The Old Silk Mill, Southwell as a period apartment with 731 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
23 The Old Silk Mill, Southwell has an estimated sale value of £207,606 and an estimated rental value of £983 per month, assuming reasonable condition and based on the information available.
Maythorne, Southwell, NG25 lies in the borough of Newark and Sherwood, within the NG25 postal district.
23 The Old Silk Mill, Southwell has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2024.
We combine this information with public data 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.
In very good condition, we estimate 23 The Old Silk Mill, Southwell would be worth £217,986, with a potential rental value of £1,032 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £193,073, with a rental value of £914 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 23 The Old Silk Mill, Southwell has fallen by £628 (0.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £26 (2.6%). The property's estimated gross yield is currently 5.7%.
23 The Old Silk Mill, Southwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Feb 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
23 The Old Silk Mill, Southwell last changed hands on 28th November 2003, selling for £128,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.8 kilometres of 23 The Old Silk Mill, Southwell across the last 2 years.
Most recently, 24 The Old Silk Mill, Southwell, NG25 0RS, a leasehold flat, sold at £205,000 on the 5th November 2024.
Read more about house prices in NG25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 23 The Old Silk Mill, Southwell as the 35th largest and the 28th most expensive of the 42 addresses on Maythorne, Southwell, NG25.
Against the NG25 postcode district average, it is £204k less expensive than the typical property.
Fiskerton station is the nearest stop to 23 The Old Silk Mill, Southwell at 4.9 kilometres away.
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 23 The Old Silk Mill, Southwell, 57.8% of property is privately owned outright and 27.7% is privately owned with a mortgage.
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 23 The Old Silk Mill, Southwell, 14.1% of residents are recorded as possessing school level qualifications and 40.3% 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 23 The Old Silk Mill, Southwell, the average age was 46.8 and the most common age was 17.
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 23 The Old Silk Mill, Southwell, 5.3% 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 23 The Old Silk Mill, Southwell, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
