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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 5, Cranwell Close, Newark is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,447 ft2 of internal area and sits on a 412 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Cranwell Close, Newark is £334,953 and the estimated rental value is £1,190 per month.
Cranwell Close, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
5, Cranwell Close, Newark has 31 entries in the Land Registry , most recently in March 2016 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 1 out of 5 and is considered of low 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 5, Cranwell Close, Newark is in very good condition we estimate a sale value of £351,701 and a rental value of £1,249 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,506 and a rental value of £1,107 per month.
Over the last 12 months the sale value of 5 Cranwell Close Newark has decreased by an estimated £1,239 (0.4%) and its rental value has increased by an estimated £26 per month (2.2%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 5, Cranwell Close, Newark sits on a plot of 412m2.
We have plot size data on 7 out of 7 other houses in the postcode and 5, Cranwell Close, Newark sits on the 5th largest plot.
According to HM Land Registry, 5, Cranwell Close, Newark was last sold on 22nd March 2016 for £293,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since March 2016, the market for similar properties has risen 21.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Cranwell Close, Newark within a radius of 960 metres over the last 2 years.
The most recent example is 40, Blackbrook Road, Newark, NG24 2ST, a freehold house which sold for £265,000 on the 28th March 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranwell Close, Newark, NG24 has a total of 7 addresses. According to our analysis of all the public data, 5, Cranwell Close, Newark is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £123k more expensive than the average property in NG24.
The closest station to 5, Cranwell Close, Newark is Newark Northgate station which is 1.2 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 5, Cranwell Close, Newark, 61.2% of property is privately owned with a mortgage and 34.3% 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 5, Cranwell Close, Newark, 25.9% of residents are recorded as possessing school level qualifications and 42.0% 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 5, Cranwell Close, Newark, the average age was 40.7 and the most common age was 32.
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 5, Cranwell Close, Newark, 0.3% 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 5, Cranwell Close, Newark, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
