4, Knipton Close
4, Knipton Close
Description & Estimates
4, Knipton Close, Newark is recorded publicly as a mid-century freehold house across 656 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Knipton Close, Newark is £194,718 and its rental estimate is £854 per month, given the available information and assuming reasonable condition.
Knipton Close, Balderton, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
4, Knipton Close, Newark has a single entry in the Land Registry from August 2024 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Knipton Close, Newark, we estimate a market value of £204,453 and a rental value of £897 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £181,087 and £795 per month respectively.
Recent Market Change
Over the last year, 4, Knipton Close, Newark has seen its estimated sale value decline by £2,348 (1.2%) and its estimated rental value climb by £20 per month (2.3%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
4, Knipton Close, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 4, Knipton Close, Newark completed on 16th August 2024 at £198,000 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 9.9% over the period since August 2024.
- Sold Aug 2024£198,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Knipton Close, Newark have sold within a radius of 780 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st June 2024, was 8, Marquis Avenue, Newark, NG24 3HY, a freehold house which sold for £190,000.
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 5 addresses on Knipton Close, Balderton, Newark, NG24, 4, Knipton Close, Newark comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £17k less expensive than the average property across the NG24 district.
More reading links
Schools Nearby
- 900mChuter Ede Primary School
- 1.0kmJohn Hunt Academy
- 1.9kmThe Sir Donald Bailey Academy
- 1.1kmThe Suthers School
- 1.4kmThe Newark Academy
- 2.3kmMagnus Church of England Academy
More reading links
Public Transport Nearby
From 4, Knipton Close, Newark, the nearest station is Newark Northgate, 3.7 kilometres away.
- 3.7kmNewark Northgate
- 3.8kmNewark Castle
- 7.8kmRolleston
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
