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According to the public record, 49, Cannon Close, Newark is a modern freehold house with 731 ft2 of internal area and sits on a 353 m2 plot.
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 49, Cannon Close, Newark is £204,734 and the estimated rental value is £973 per month.
Cannon Close, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
49, Cannon Close, Newark has 41 entries in the Land Registry , most recently in July 2019 and a single entry in the EPC database dated January 2019.
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.
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 49, Cannon Close, Newark is in very good condition we estimate a sale value of £214,970 and a rental value of £1,022 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,402 and a rental value of £905 per month.
Over the last 12 months the sale value of 49 Cannon Close Newark has decreased by an estimated £1,534 (0.7%) and its rental value has increased by an estimated £21 per month (2.2%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 49, Cannon Close, Newark sits on a plot of 353m2.
We have plot size data on 34 out of 36 other houses in the postcode and 49, Cannon Close, Newark sits on the 3rd largest plot.
49, Cannon Close, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jan 2019.
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, 49, Cannon Close, Newark was last sold on 31st July 2019 for £175,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since July 2019, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Cannon Close, Newark within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 2, Cannon Close, Newark, NG24 2LS, a freehold house which sold for £240,000 on the 30th September 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cannon Close, Newark, NG24 has a total of 36 addresses. According to our analysis of all the public data, 49, Cannon Close, Newark is the 34th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in NG24.
The closest station to 49, Cannon Close, Newark is Newark Northgate station which is 1.8 kilometres 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 49, Cannon Close, Newark, % of property is and % is .
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 49, Cannon Close, Newark, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 49, Cannon 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 49, Cannon Close, Newark, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.