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According to the public record, 44, Wright Street, Newark is a period freehold house with 602 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 44, Wright Street, Newark is £126,964 and the estimated rental value is £753 per month.
Wright Street, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
44, Wright Street, Newark has 31 entries in the Land Registry , most recently in June 2011 and a single entry in the EPC database dated February 2021.
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.
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 44, Wright Street, Newark is in very good condition we estimate a sale value of £133,313 and a rental value of £791 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,077 and a rental value of £700 per month.
Over the last 12 months the sale value of 44 Wright Street Newark has decreased by an estimated £952 (0.7%) and its rental value has increased by an estimated £16 per month (2.2%), giving an expected gross yield of 7.1%.
44, Wright Street, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Feb 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 44, Wright Street, Newark was last sold on 10th June 2011 for £77,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2011, the market for similar properties has risen 73.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 44, Wright Street, Newark within a radius of 550 metres over the last 2 years.
The most recent example is 8, Private Street, Newark, NG24 1PL, a freehold house which sold for £125,000 on the 2nd September 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wright Street, Newark, NG24 has a total of 39 addresses. According to our analysis of all the public data, 44, Wright Street, Newark is the 29th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in NG24.
The closest station to 44, Wright Street, Newark is Newark Northgate station which is 1.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 44, Wright Street, Newark, 37.5% of property is privately rented and 28.9% 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 44, Wright Street, Newark, 17.8% of residents are recorded as possessing school level qualifications and 27.1% 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 44, Wright Street, Newark, the average age was 40.7 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 44, Wright Street, Newark, 0.9% 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 44, Wright Street, Newark, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.