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According to the public record, 40, Forest Link, Newark is a modern freehold house with 1,786 ft2 of internal area and sits on a 520 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Forest Link, Newark is £346,298 and the estimated rental value is £1,566 per month.
Forest Link, Bilsthorpe, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
40, Forest Link, Newark has 31 entries in the Land Registry , most recently in July 2014 and a single entry in the EPC database dated September 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 40, Forest Link, Newark is in very good condition we estimate a sale value of £363,613 and a rental value of £1,644 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £322,057 and a rental value of £1,456 per month.
Over the last 12 months the sale value of 40 Forest Link Newark has decreased by an estimated £1,944 (0.6%) and its rental value has increased by an estimated £38 per month (2.4%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 40, Forest Link, Newark sits on a plot of 520m2.
We have plot size data on 46 out of 46 other houses in the postcode and 40, Forest Link, Newark sits on the 11th largest plot.
40, Forest Link, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Forest Link, Newark was last sold on 31st July 2014 for £197,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since July 2014, the market for similar properties has risen 46.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Forest Link, Newark within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 27, Forest Link, Newark, NG22 8UD, a freehold house which sold for £340,000 on the 25th April 2022.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Link, Bilsthorpe, Newark, NG22 has a total of 46 addresses. According to our analysis of all the public data, 40, Forest Link, Newark is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £99k more expensive than the average property in NG22.
The closest station to 40, Forest Link, Newark is Mansfield station which is 11.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Forest Link, Newark, 48.3% of property is privately owned with a mortgage and 29.1% 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, Forest Link, Newark, 17.7% of residents are recorded as possessing school level qualifications and 26.1% 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, Forest Link, Newark, the average age was 45.1 and the most common age was 57.
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, Forest Link, Newark, 0.0% 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, Forest Link, Newark, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.