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According to the public record, 43, Apple Tree Close, Newark is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 741 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 43, Apple Tree Close, Newark is £99,777 and the estimated rental value is £537 per month.
Apple Tree Close, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
43, Apple Tree Close, Newark has a single entry in the Land Registry from April 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 43, Apple Tree Close, Newark is in very good condition we estimate a sale value of £104,765 and a rental value of £564 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £92,792 and a rental value of £499 per month.
Over the last 12 months the sale value of 43 Apple Tree Close Newark has decreased by an estimated £780 (0.8%) and its rental value has increased by an estimated £11 per month (2.0%), giving an expected gross yield of 6.5%.
According to HM Land Registry, 43, Apple Tree Close, Newark was last sold on 26th April 2017 for £82,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2017, the market for similar properties has risen 29.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Apple Tree Close, Newark within a radius of 690 metres over the last 2 years.
The most recent example is 11, Barrows Gate, Newark, NG24 2FY, a leasehold flat which sold for £107,000 on the 19th May 2023.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Apple Tree Close, Newark, NG24 has a total of 34 addresses. According to our analysis of all the public data, 43, Apple Tree Close, Newark is the 10th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in NG24.
The closest station to 43, Apple Tree Close, Newark is Newark Northgate station which is 400 metres 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 43, Apple Tree Close, Newark, 34.0% of property is privately owned with a mortgage and 32.7% is socially rented.
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 43, Apple Tree Close, Newark, 24.7% of residents are recorded as possessing school level qualifications and 17.5% 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 43, Apple Tree Close, Newark, the average age was 39.6 and the most common age was 32.
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 43, Apple Tree Close, 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 43, Apple Tree Close, Newark, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.