4, Midland Terrace
4, Midland Terrace
Description & Estimates
The public record describes 4, Midland Terrace, Newark as a period house with 1,636 ft2 of internal area, sitting on a 164 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
4, Midland Terrace, Newark has an estimated sale value of £77,365 and an estimated rental value of £388 per month, assuming reasonable condition and based on the information available.
Midland Terrace, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
Our Data Sources
4, Midland Terrace, Newark has no records in the the Land Registry and a single entry in the EPC database dated February 2023.
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
In very good condition, we estimate 4, Midland Terrace, Newark would be worth £81,233, with a potential rental value of £408 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £71,949, with a rental value of £361 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 4, Midland Terrace, Newark has dropped by £693 (0.9%) over the last year. During the same period, its estimated monthly rental value has risen by £10 (2.6%). The property's estimated gross yield is currently 6.0%.
Plot Size
4, Midland Terrace, Newark occupies a 164 m2 plot as recorded by HM Land Registry.
Of the 4 other houses in this postcode, 2 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
4, Midland Terrace, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 770 metres of 4, Midland Terrace, Newark across the last 2 years.
Most recently, 2, Midland Terrace, Newark, NG24 1BT, a freehold house, sold at £82,500 on the 28th February 2024.
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
Our analysis of the public data ranks 4, Midland Terrace, Newark as the largest and the 3rd most expensive of the 4 addresses on Midland Terrace, Newark, NG24.
Against the NG24 postcode district average, it is £134k less expensive than the typical property.
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Schools Nearby
- 500mMount CofE Primary School
- 700mLovers Lane Primary and Nursery School
- 800mChrist Church C of E Primary School
- 1.5kmMagnus Church of England Academy
- 2.7kmThe Newark Academy
- 5.0kmThe Suthers School
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Public Transport Nearby
Newark Castle station is the nearest stop to 4, Midland Terrace, Newark at 100 metres away.
- 100mNewark Castle
- 1.0kmNewark Northgate
- 5.9kmRolleston
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
