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According to the public record, 3, Forge Close, Newark is a modern freehold house with 2,098 ft2 of internal area and sits on a 670 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 3, Forge Close, Newark is £551,199 and the estimated rental value is £2,176 per month.
Forge Close, Kirklington, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
3, Forge Close, Newark has 21 entries in the Land Registry , most recently in December 2008 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 3, Forge Close, Newark is in very good condition we estimate a sale value of £578,759 and a rental value of £2,284 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £512,615 and a rental value of £2,023 per month.
Over the last 12 months the sale value of 3 Forge Close Newark has decreased by an estimated £10,329 (1.9%) and its rental value has increased by an estimated £18 per month (0.8%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 3, Forge Close, Newark sits on a plot of 670m2.
We have plot size data on 5 out of 5 other houses in the postcode and 3, Forge Close, Newark sits on the 5th largest plot.
3, Forge Close, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Sep 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
According to HM Land Registry, 3, Forge Close, Newark was last sold on 12th December 2008 for £380,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2008, the market for similar properties has risen 24.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Forge Close, Newark within a radius of 3.5 kilometres over the last 2 years.
The most recent example is Millbrook, Southwell Road, Newark, NG22 8NF, a freehold house which sold for £610,000 on the 1st September 2022.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forge Close, Kirklington, Newark, NG22 has a total of 5 addresses. According to our analysis of all the public data, 3, Forge Close, Newark is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £305k more expensive than the average property in NG22.
The closest station to 3, Forge Close, Newark is Fiskerton station which is 7.7 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 3, Forge Close, Newark, 46.5% of property is privately owned outright and 35.4% 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 3, Forge Close, Newark, 26.3% of residents are recorded as possessing school level qualifications and 49.0% 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 3, Forge Close, Newark, the average age was 45.1 and the most common age was 57.
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 3, Forge Close, 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 3, Forge Close, Newark, there are an average of 2.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
