4, Furrow Close
4, Furrow Close
Description & Estimates
4, Furrow Close, Newark is recorded publicly as a modern freehold house across 1,302 ft2 of internal area, sitting on a 258 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 4, Furrow Close, Newark is £296,699 and its rental estimate is £1,153 per month, given the available information and assuming reasonable condition.
Furrow Close, Middlebeck, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
4, Furrow Close, Newark has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated August 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.
Price Range & Condition
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 4, Furrow Close, Newark, we estimate a market value of £311,534 and a rental value of £1,211 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £275,930 and £1,072 per month respectively.
Recent Market Change
Over the last year, 4, Furrow Close, Newark has seen its estimated sale value decrease by £2,656 (0.9%) and its estimated rental value grow by £30 per month (2.6%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 4, Furrow Close, Newark as measuring 258 m2.
That makes it the 9th largest plot in the postcode, where 23 of the 26 other houses have recorded plot data.
Energy Efficiency
4, Furrow Close, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Aug 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 4, Furrow Close, Newark completed on 24th September 2021 at £299,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 1.7% over the period since September 2021.
- Sold Sep 2021£299,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Furrow Close, Newark have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd April 2024, was 21, Flaxley Lane, Newark, NG24 3XB, a freehold house which sold for £334,950.
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
Of the 26 addresses on Furrow Close, Middlebeck, Newark, NG24, 4, Furrow Close, Newark comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £85k more expensive than the average property across the NG24 district.
More reading links
Schools Nearby
- 800mThe Sir Donald Bailey Academy
- 1.0kmJohn Hunt Academy
- 1.4kmThe King's Church of England Primary Academy
- 1.3kmThe Newark Academy
- 1.4kmMagnus Church of England Academy
- 2.3kmThe Suthers School
More reading links
Public Transport Nearby
From 4, Furrow Close, Newark, the nearest station is Newark Castle, 2.9 kilometres away.
- 2.9kmNewark Castle
- 2.9kmNewark Northgate
- 6.6kmRolleston
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
