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Public records show 40, Claricoates Drive, Newark to be a modern freehold house with 1,496 ft2 of internal area, sitting on a 406 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
40, Claricoates Drive, Newark has an estimated sale value of £321,657 and an estimated rental value of £1,173 per month, assuming reasonable condition and based on the information available.
Claricoates Drive, Coddington, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
40, Claricoates Drive, Newark has 21 entries in the Land Registry , most recently in September 2013 and a single entry in the EPC database dated July 2009.
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.
In very good condition, we estimate 40, Claricoates Drive, Newark would be worth £337,740, with a potential rental value of £1,232 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £299,141, with a rental value of £1,091 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 40, Claricoates Drive, Newark has decreased by £2,879 (0.9%) over the last year. During the same period, its estimated monthly rental value has grown by £31 (2.6%). The property's estimated gross yield is currently 4.4%.
40, Claricoates Drive, Newark occupies a 406 m2 plot as recorded by HM Land Registry.
Of the 43 other houses in this postcode, 41 have recorded plot sizes, and this one ranks as the 9th largest.
40, Claricoates Drive, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jul 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
40, Claricoates Drive, Newark last changed hands on 13th September 2013, selling for £230,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 24.9% since September 2013.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.5 kilometres of 40, Claricoates Drive, Newark across the last 2 years.
Most recently, 17, Bryans Close, Newark, NG24 2TH, a freehold house, sold at £315,000 on the 20th October 2021.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 40, Claricoates Drive, Newark as the 3rd largest and the 3rd most expensive of the 43 addresses on Claricoates Drive, Coddington, Newark, NG24.
Against the NG24 postcode district average, it is £110k more expensive than the typical property.
Newark Northgate station is the nearest stop to 40, Claricoates Drive, Newark at 2.0 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Claricoates Drive, Newark, 57.1% of property is privately owned with a mortgage and 35.3% is privately owned outright.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 40, Claricoates Drive, Newark, 28.1% of residents are recorded as possessing school level qualifications and 42.9% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 40, Claricoates Drive, Newark, the average age was 48.6 and the most common age was 72.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 40, Claricoates Drive, Newark, 0.6% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 40, Claricoates Drive, Newark, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.