5, Brewers Wharf
5, Brewers Wharf
Description & Estimates
5, Brewers Wharf, Newark is recorded publicly as a modern freehold house across 645 ft2 of internal area, sitting on a 102 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Brewers Wharf, Newark is £192,411 and its rental estimate is £849 per month, given the available information and assuming reasonable condition.
Brewers Wharf, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
5, Brewers Wharf, Newark has 31 entries in the Land Registry , most recently in October 2016 and a single entry in the EPC database dated April 2016.
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.
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 5, Brewers Wharf, Newark, we estimate a market value of £202,032 and a rental value of £892 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £178,942 and £790 per month respectively.
Recent Market Change
Over the last year, 5, Brewers Wharf, Newark has seen its estimated sale value move down by £2,320 (1.2%) and its estimated rental value increase by £19 per month (2.3%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for 5, Brewers Wharf, Newark as measuring 102 m2.
That makes it the 27th largest plot in the postcode, where 29 of the 31 other houses have recorded plot data.
Energy Efficiency
5, Brewers Wharf, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Apr 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Brewers Wharf, Newark completed on 6th October 2016 at £144,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 54.6% over the period since October 2016.
- Sold Oct 2016£144,500
- Sold Apr 1998£58,000
- Sold Feb 1996£41,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Brewers Wharf, Newark have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd August 2024, was 4, Handley Court, Newark, NG24 1EY, a freehold house which sold for £172,000.
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 31 addresses on Brewers Wharf, Newark, NG24, 5, Brewers Wharf, Newark comes out as the 29th largest and the 28th most expensive in our analysis of the public data.
It is also £19k less expensive than the average property across the NG24 district.
More reading links
Schools Nearby
- 300mMount CofE Primary School
- 500mLovers Lane Primary and Nursery School
- 800mChrist Church C of E Primary School
- 1.4kmMagnus Church of England Academy
- 2.5kmThe Newark Academy
- 4.8kmThe Suthers School
More reading links
Public Transport Nearby
From 5, Brewers Wharf, Newark, the nearest station is Newark Castle, 200 metres away.
- 200mNewark Castle
- 700mNewark Northgate
- 6.1kmRolleston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
