49, Colliery Way
49, Colliery Way
Description & Estimates
Public records show 49, Colliery Way, Newark to be a modern freehold house with 1,011 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
49, Colliery Way, Newark has an estimated sale value of £247,584 and an estimated rental value of £1,204 per month, assuming reasonable condition and based on the information available.
Colliery Way, Bilsthorpe, Newark, NG22 lies in the borough of Newark and Sherwood, within the NG22 postal district.
Our Data Sources
49, Colliery Way, Newark has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated August 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
In very good condition, we estimate 49, Colliery Way, Newark would be worth £259,963, with a potential rental value of £1,264 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £230,253, with a rental value of £1,119 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 49, Colliery Way, Newark has declined by £2,154 (0.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £39 (3.2%). The property's estimated gross yield is currently 5.8%.
Energy Efficiency
49, Colliery Way, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Aug 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
49, Colliery Way, Newark last changed hands on 9th August 2023, selling for £266,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 42.1% since August 2023.
- Sold Aug 2023£266,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.2 kilometres of 49, Colliery Way, Newark across the last 2 years.
Most recently, 4, Miners Close, Newark, NG22 8GH, a freehold house, sold at £249,495 on the 28th June 2024.
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
Our analysis of the public data ranks 49, Colliery Way, Newark as the 19th largest and the 13th most expensive of the 47 addresses on Colliery Way, Bilsthorpe, Newark, NG22.
Against the NG22 postcode district average, it is £1k more expensive than the typical property.
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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
Mansfield station is the nearest stop to 49, Colliery Way, Newark at 11.2 kilometres away.
- 11.2kmMansfield
- 11.5kmMansfield Woodhouse
- 12.1kmFiskerton
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
