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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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24 The Old Silk Mill, Southwell is recorded publicly as a period leasehold apartment across 721 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 24 The Old Silk Mill, Southwell is £206,138 and its rental estimate is £979 per month, given the available information and assuming reasonable condition.
Maythorne, Southwell, NG25 falls within the NG25 postal district, in the borough of Newark and Sherwood.
24 The Old Silk Mill, Southwell has 31 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated February 2024.
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 24 The Old Silk Mill, Southwell, we estimate a market value of £216,445 and a rental value of £1,028 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £191,709 and £910 per month respectively.
Over the last year, 24 The Old Silk Mill, Southwell has seen its estimated sale value move down by £623 (0.3%) and its estimated rental value increase by £25 per month (2.6%). This results in an estimated gross rental yield of 5.7%.
24 The Old Silk Mill, Southwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Feb 2024.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
The most recent sale of 24 The Old Silk Mill, Southwell completed on 5th November 2024 at £205,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 28.6% over the period since November 2024.
Over the past 2 years 3 properties similar to 24 The Old Silk Mill, Southwell have sold within a radius of 1.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th February 2025, was 2A, Dover Street, Southwell, NG25 0EZ, a leasehold flat which sold for £196,000.
Read more about house prices in NG25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 42 addresses on Maythorne, Southwell, NG25, 24 The Old Silk Mill, Southwell comes out as the 37th largest and the 30th most expensive in our analysis of the public data.
It is also £206k less expensive than the average property across the NG25 district.
From 24 The Old Silk Mill, Southwell, the nearest station is Fiskerton, 4.9 kilometres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none 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 24 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 24 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 24 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 24 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 24 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.
