4, Hazel Grove
4, Hazel Grove
Description & Estimates
4, Hazel Grove, Newark is described in the public record as a modern apartment with 258 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 4, Hazel Grove, Newark is £51,444 and its rental estimate is £383 per month, given the available information and assuming reasonable condition.
Hazel Grove, Balderton, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
4, Hazel Grove, Newark has no records in the the Land Registry and a single entry in the EPC database dated March 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
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, Hazel Grove, Newark, we estimate a market value of £54,016 and a rental value of £402 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £47,843 and £356 per month respectively.
Recent Market Change
Over the last year, 4, Hazel Grove, Newark has seen its estimated sale value move down by £135 (0.3%) and its estimated rental value increase by £13 per month (3.3%). This results in an estimated gross rental yield of 8.9%.
Energy Efficiency
4, Hazel Grove, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Mar 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Hazel Grove, Newark have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th June 2023, was 17, Willow Road, Newark, NG24 3DA, a leasehold flat which sold for £50,250.
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 24 addresses on Hazel Grove, Balderton, Newark, NG24, 4, Hazel Grove, Newark comes out as the 24th largest and the 24th most expensive in our analysis of the public data.
It is also £160k less expensive than the average property across the NG24 district.
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Schools Nearby
- 300mJohn Hunt Academy
- 1.0kmChuter Ede Primary School
- 1.2kmThe Sir Donald Bailey Academy
- 300mThe Newark Academy
- 1.2kmMagnus Church of England Academy
- 2.3kmThe Suthers School
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Public Transport Nearby
From 4, Hazel Grove, Newark, the nearest station is Newark Northgate, 2.4 kilometres away.
- 2.4kmNewark Northgate
- 2.6kmNewark Castle
- 7.3kmRolleston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
