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According to the public record, 48, Cherry Holt, Newark is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 759 ft2 of internal area and sits on a 212 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, Cherry Holt, Newark is £136,619 and the estimated rental value is £798 per month.
Cherry Holt, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
48, Cherry Holt, Newark has a single entry in the Land Registry from January 2007 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 2 out of 5 and is considered of medium 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 48, Cherry Holt, Newark is in very good condition we estimate a sale value of £143,450 and a rental value of £837 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,056 and a rental value of £742 per month.
Over the last 12 months the sale value of 48 Cherry Holt Newark has decreased by an estimated £1,024 (0.7%) and its rental value has increased by an estimated £17 per month (2.2%), giving an expected gross yield of 7%.
According to data from HM Land Registry, 48, Cherry Holt, Newark sits on a plot of 212m2.
We have plot size data on 22 out of 25 other houses in the postcode and 48, Cherry Holt, Newark sits on the 19th largest plot.
According to HM Land Registry, 48, Cherry Holt, Newark was last sold on 26th January 2007 for £114,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2007, the market for similar properties has risen 65.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Cherry Holt, Newark within a radius of 580 metres over the last 2 years.
The most recent example is 8, Mercia Road, Newark, NG24 4NA, a freehold house which sold for £150,000 on the 3rd November 2023.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Holt, Newark, NG24 has a total of 102 addresses. According to our analysis of all the public data, 48, Cherry Holt, Newark is the 97th largest and the 90th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in NG24.
The closest station to 48, Cherry Holt, Newark is Newark Castle station which is 2.4 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 48, Cherry Holt, Newark, 34.0% of property is privately owned with a mortgage and 33.0% 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 48, Cherry Holt, Newark, 18.6% of residents are recorded as possessing school level qualifications and 18.2% 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 48, Cherry Holt, Newark, the average age was 42 and the most common age was 52.
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 48, Cherry Holt, 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 48, Cherry Holt, 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.
