3 Meldrum View, Newark
3 Meldrum View, Newark
Description & Estimates
The public record describes 3 Meldrum View, Newark as a modern apartment with 688 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
3 Meldrum View, Newark has an estimated sale value of £88,199 and an estimated rental value of £604 per month, assuming reasonable condition and based on the information available.
The apartment sits within Meldrum View, Meldrum Crescent, Newark, NG24.
Meldrum Crescent, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
Our Data Sources
3 Meldrum View, Newark has no records in the the Land Registry and a single entry in the EPC database dated January 2020.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate 3 Meldrum View, Newark would be worth £92,609, with a potential rental value of £634 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £82,025, with a rental value of £562 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3 Meldrum View, Newark has decreased by £197 (0.2%) over the last year. During the same period, its estimated monthly rental value has grown by £20 (3.3%). The property's estimated gross yield is currently 8.2%.
Energy Efficiency
3 Meldrum View, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 550 metres of 3 Meldrum View, Newark across the last 2 years.
Most recently, 3, Thorpe Close, Newark, NG24 4PJ, a leasehold flat, sold at £91,000 on the 24th November 2023.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3 Meldrum View, Newark as the 36th largest and the 38th most expensive of the 50 addresses on Meldrum Crescent, Newark, NG24.
Against the NG24 postcode district average, it is £124k less expensive than the typical property.
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Schools Nearby
- 800mThe Sir Donald Bailey Academy
- 900mThe King's Church of England Primary Academy
- 900mHoly Trinity Catholic Voluntary Academy
- 1.3kmMagnus Church of England Academy
- 2.2kmThe Newark Academy
- 3.7kmThe Suthers School
More reading links
Public Transport Nearby
Newark Castle station is the nearest stop to 3 Meldrum View, Newark at 2.0 kilometres away.
- 2.0kmNewark Castle
- 2.5kmNewark Northgate
- 5.3kmRolleston
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
