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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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According to the public record, 4, Crocus Close, Newark is a modern freehold house with 893 ft2 of internal area and sits on a 269 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Crocus Close, Newark is £271,093 and the estimated rental value is £992 per month.
Crocus Close, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
4, Crocus Close, Newark has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 4, Crocus Close, Newark is in very good condition we estimate a sale value of £284,648 and a rental value of £1,041 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,116 and a rental value of £922 per month.
Over the last 12 months the sale value of 4 Crocus Close Newark has decreased by an estimated £2,032 (0.7%) and its rental value has increased by an estimated £21 per month (2.2%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 4, Crocus Close, Newark sits on a plot of 269m2.
We have plot size data on 21 out of 42 other houses in the postcode and 4, Crocus Close, Newark sits on the 11th largest plot.
4, Crocus Close, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Dec 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Crocus Close, Newark was last sold on 21st December 2021 for £249,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2021, the market for similar properties has dropped 21.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Crocus Close, Newark within a radius of 810 metres over the last 2 years.
The most recent example is 14, Crocus Close, Newark, NG24 4FW, a freehold house which sold for £261,900 on the 31st March 2022.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crocus Close, Newark, NG24 has a total of 42 addresses. According to our analysis of all the public data, 4, Crocus Close, Newark is the 38th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £59k more expensive than the average property in NG24.
The closest station to 4, Crocus Close, Newark is Newark Castle station which is 2.8 kilometres away.
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 4, Crocus Close, Newark, 56.1% of property is privately owned with a mortgage and 27.6% is privately owned outright.
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 4, Crocus Close, Newark, 14.9% of residents are recorded as possessing school level qualifications and 40.5% 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 4, Crocus Close, Newark, the average age was 43.6 and the most common age was 52.
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 4, Crocus Close, Newark, 1.7% 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 4, Crocus Close, Newark, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
