46, Pelham Street
46, Pelham Street
Description & Estimates
46, Pelham Street, Newark is recorded publicly as a mid-century freehold house across 701 ft2 of internal area, sitting on a 140 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 46, Pelham Street, Newark is £131,696 and its rental estimate is £789 per month, given the available information and assuming reasonable condition.
Pelham Street, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
46, Pelham Street, Newark has 41 entries in the Land Registry , most recently in September 2011 and a single entry in the EPC database dated September 2011.
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 46, Pelham Street, Newark, we estimate a market value of £138,281 and a rental value of £829 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £122,477 and £734 per month respectively.
Recent Market Change
Over the last year, 46, Pelham Street, Newark has seen its estimated sale value move down by £1,588 (1.2%) and its estimated rental value increase by £18 per month (2.3%). This results in an estimated gross rental yield of 7.2%.
Plot Size
HM Land Registry records the plot of land for 46, Pelham Street, Newark as measuring 140 m2.
That makes it the 12th largest plot in the postcode, where 40 of the 43 other houses have recorded plot data.
Energy Efficiency
46, Pelham Street, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Sep 2011.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 46, Pelham Street, Newark completed on 30th September 2011 at £95,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 88.4% over the period since September 2011.
- Sold Sep 2011£95,000
- Sold Jul 2010£99,500
- Sold Apr 2003£50,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 46, Pelham Street, Newark have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th February 2021, was 50, Pelham Street, Newark, NG24 4XD, a freehold house which sold for £122,000.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 58 addresses on Pelham Street, Newark, NG24, 46, Pelham Street, Newark comes out as the 32nd largest and the 32nd most expensive in our analysis of the public data.
It is also £80k less expensive than the average property across the NG24 district.
More reading links
Schools Nearby
- 200mChrist Church C of E Primary School
- 400mHoly Trinity Catholic Voluntary Academy
- 600mMount CofE Primary School
- 1.0kmMagnus Church of England Academy
- 2.3kmThe Newark Academy
- 4.4kmThe Suthers School
More reading links
Public Transport Nearby
From 46, Pelham Street, Newark, the nearest station is Newark Castle, 700 metres away.
- 700mNewark Castle
- 1.3kmNewark Northgate
- 5.7kmRolleston
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
