4, Oaklands Close
4, Oaklands Close
Description & Estimates
According to the public record, 4, Oaklands Close, Newark is a mid-century freehold house with 1,076 ft2 of internal area and sits on a 681 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Oaklands Close, Newark is £330,950 and the estimated rental value is £1,364 per month.
Oaklands Close, Collingham, Newark, NG23 is located in the borough of Newark and Sherwood within the NG23 postal district.
Our Data Sources
4, Oaklands Close, Newark has a single entry in the Land Registry from June 2019 and a single entry in the EPC database dated January 2019.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 4, Oaklands Close, Newark is in very good condition we estimate a sale value of £347,498 and a rental value of £1,432 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £307,784 and a rental value of £1,269 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4, Oaklands Close, Newark has dropped by £3,198 (1.0%), while its estimated rental value has risen by £31 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 4.9%.
Plot Size
According to data from HM Land Registry, 4, Oaklands Close, Newark sits on a plot of 681 m2.
We have plot size data on 5 out of 5 other houses in the postcode and 4, Oaklands Close, Newark sits on the 2nd largest plot.
Energy Efficiency
4, Oaklands Close, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Jan 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 4, Oaklands Close, Newark was last sold on 18th June 2019 for £280,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2019, the market for similar properties has risen by 24.3%.
- Sold Jun 2019£280,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Oaklands Close, Newark within a radius of 3.9 kilometres over the last 2 years.
The most recent example is 18, The Oaklands, Newark, NG23 7RG, a freehold house which sold for £350,000 on the 1st November 2024.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Oaklands Close, Collingham, Newark, NG23 has a total of 5 addresses. According to our analysis of all the public data, 4, Oaklands Close, Newark is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £39k less expensive than the average property in NG23.
More reading links
Schools Nearby
- 400mJohn Blow Primary School
- 4.2kmSwinderby All Saints Church of England Primary School
- 4.4kmMuskham Primary School
- 8.8kmMagnus Church of England Academy
- 9.2kmThe Newark Academy
- 11.4kmThe Suthers School
More reading links
Public Transport Nearby
The closest station to 4, Oaklands Close, Newark is Collingham station, which is 600 metres away.
- 600mCollingham
- 4.8kmSwinderby
- 7.4kmNewark Northgate
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
