41, Bishops Way
41, Bishops Way
Description & Estimates
According to the public record, 41, Bishops Way, Newark is a modern house with 667 ft2 of internal area.
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 41, Bishops Way, Newark is £219,204 and the estimated rental value is £1,022 per month.
Bishops Way, Boughton, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
Our Data Sources
41, Bishops Way, Newark has no records in the the Land Registry and a single entry in the EPC database dated February 2022.
We combine this information with public data 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 41, Bishops Way, Newark is in very good condition we estimate a sale value of £230,164 and a rental value of £1,073 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,860 and a rental value of £950 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 41, Bishops Way, Newark has dropped by £1,907 (0.9%), while its estimated rental value has risen by £33 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 5.6%.
Energy Efficiency
41, Bishops Way, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Bishops Way, Newark within a radius of 870 metres over the last 2 years.
The most recent example is 18, Victoria Close, Newark, NG22 9JA, a freehold house which sold for £113,500 on the 9th June 2016.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Bishops Way, Boughton, Newark, NG22 has a total of 41 addresses. According to our analysis of all the public data, 41, Bishops Way, Newark is the 5th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in NG22.
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Schools Nearby
- 100mSt Joseph's Catholic Primary and Nursery School
- 600mThe Parkgate Academy
- 1.5kmThe Forest View Academy
- 600mThe Dukeries Academy
- 7.8kmTuxford Academy
- 10.4kmMeden School
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Public Transport Nearby
The closest station to 41, Bishops Way, Newark is Retford station, which is 12.4 kilometres away.
- 12.4kmRetford
- 14.0kmShirebrook
- 14.5kmWorksop
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
