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According to the public record, 35, Maypole Road, Newark is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 528 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 35, Maypole Road, Newark is £87,226 and the estimated rental value is £556 per month.
Maypole Road, Wellow, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
35, Maypole Road, Newark has a single entry in the Land Registry from March 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 35, Maypole Road, Newark is in very good condition we estimate a sale value of £91,588 and a rental value of £584 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,121 and a rental value of £517 per month.
Over the last 12 months the sale value of 35 Maypole Road Newark has decreased by an estimated £1,460 (1.7%) and its rental value has increased by an estimated £5 per month (0.9%), giving an expected gross yield of 7.6%.
According to HM Land Registry, 35, Maypole Road, Newark was last sold on 15th March 2013 for £58,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2013, the market for similar properties has risen 51.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Maypole Road, Newark within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 52 Priestley Court, St. Stephens Road, Newark, NG22 9WF, a leasehold flat which sold for £76,000 on the 7th October 2020.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Maypole Road, Wellow, Newark, NG22 has a total of 42 addresses. According to our analysis of all the public data, 35, Maypole Road, Newark is the 40th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in NG22.
The closest station to 35, Maypole Road, Newark is Mansfield Woodhouse station which is 13.7 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 35, Maypole Road, Newark, 41.9% of property is privately owned outright and 28.0% is socially 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 35, Maypole Road, Newark, 13.2% of residents are recorded as possessing school level qualifications and 23.9% 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 35, Maypole Road, Newark, the average age was 48.3 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 35, Maypole Road, Newark, 0.0% 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 35, Maypole Road, Newark, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
