4, Meadow Gardens
4, Meadow Gardens
Description & Estimates
4, Meadow Gardens, Newark is recorded publicly as a modern freehold house across 1,582 ft2 of internal area, sitting on a 488 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 4, Meadow Gardens, Newark is £383,271 and its rental estimate is £1,552 per month, given the available information and assuming reasonable condition.
Meadow Gardens, Collingham, Newark, NG23 falls within the NG23 postal district, in the borough of Newark and Sherwood.
Our Data Sources
4, Meadow Gardens, Newark has a single entry in the Land Registry from December 2019 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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, Meadow Gardens, Newark, we estimate a market value of £402,434 and a rental value of £1,630 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £356,442 and £1,444 per month respectively.
Recent Market Change
Over the last year, 4, Meadow Gardens, Newark has seen its estimated sale value decline by £5,125 (1.3%) and its estimated rental value climb by £33 per month (2.1%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 4, Meadow Gardens, Newark as measuring 488 m2.
That makes it the 3rd largest plot in the postcode, where all 10 other houses have recorded plot data.
Energy Efficiency
4, Meadow Gardens, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Nov 2019.
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, Meadow Gardens, Newark completed on 17th December 2019 at £352,995 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 risen by 21.2% over the period since December 2019.
- Sold Dec 2019£352,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Meadow Gardens, Newark have sold within a radius of 3.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th January 2020, was 28, The Hedgerows, Newark, NG23 7RL, a freehold house which sold for £339,995.
Read more about house prices in NG23.
- Sold Jan 2020£339,995 | 4 Bed House28, The Hedgerows, Newark, NG23 7RL28, The Hedgerows, Newark, NG23 7RL
- Sold Dec 2019£341,000 | 4 Bed House8, Meadow Gardens, Newark, NG23 7SB8, Meadow Gardens, Newark, NG23 7SB
- Sold Aug 2019£347,000 | 4 Bed House9, Meadow Gardens, Newark, NG23 7SB9, Meadow Gardens, Newark, NG23 7SB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 10 addresses on Meadow Gardens, Collingham, Newark, NG23, 4, Meadow Gardens, Newark comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £14k more expensive than the average property across the NG23 district.
More reading links
Schools Nearby
- 300mJohn Blow Primary School
- 3.5kmSwinderby All Saints Church of England Primary School
- 5.0kmWinthorpe Primary School
- 9.3kmMagnus Church of England Academy
- 9.6kmThe Newark Academy
- 11.1kmNorth Kesteven Academy
More reading links
Public Transport Nearby
From 4, Meadow Gardens, Newark, the nearest station is Collingham, 200 metres away.
- 200mCollingham
- 4.1kmSwinderby
- 7.9kmNewark Northgate
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
