43, Colliery Way
43, Colliery Way
Description & Estimates
43, Colliery Way, Newark is recorded publicly as a modern freehold house across 1,044 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 43, Colliery Way, Newark is £245,665 and its rental estimate is £1,183 per month, given the available information and assuming reasonable condition.
Colliery Way, Bilsthorpe, Newark, NG22 falls within the NG22 postal district, in the borough of Newark and Sherwood.
Our Data Sources
43, Colliery Way, Newark has a single entry in the Land Registry from October 2023 and a single entry in the EPC database dated September 2023.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 43, Colliery Way, Newark, we estimate a market value of £257,948 and a rental value of £1,242 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £228,468 and £1,100 per month respectively.
Recent Market Change
Over the last year, 43, Colliery Way, Newark has seen its estimated sale value move down by £2,137 (0.9%) and its estimated rental value increase by £38 per month (3.2%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
43, Colliery Way, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Sep 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 43, Colliery Way, Newark completed on 13th October 2023 at £229,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 42.0% over the period since October 2023.
- Sold Oct 2023£229,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 43, Colliery Way, Newark have sold within a radius of 2.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th April 2024, was 2, Miners Close, Newark, NG22 8GH, a freehold house which sold for £229,995.
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
Of the 47 addresses on Colliery Way, Bilsthorpe, Newark, NG22, 43, Colliery Way, Newark comes out as the 11th largest and the 14th most expensive in our analysis of the public data.
It is also £439 less expensive than the average property across the NG22 district.
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Schools Nearby
- 500mBilsthorpe Flying High Academy
- 4.2kmFarnsfield St Michael's Church of England Primary School
- 4.5kmKirklington Primary School
- 6.9kmThe Joseph Whitaker School
- 7.2kmThe Garibaldi School
- 7.6kmThe Dukeries Academy
More reading links
Public Transport Nearby
From 43, Colliery Way, Newark, the nearest station is Mansfield, 11.2 kilometres away.
- 11.2kmMansfield
- 11.5kmMansfield Woodhouse
- 12.1kmFiskerton
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
