5, Hazel Grove
5, Hazel Grove
Description & Estimates
The public record describes 5, Hazel Grove, Newark as a mid-century apartment with 258 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
5, Hazel Grove, Newark has an estimated sale value of £51,444 and an estimated rental value of £383 per month, assuming reasonable condition and based on the information available.
Hazel Grove, Balderton, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
Our Data Sources
5, Hazel Grove, Newark has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 5, Hazel Grove, Newark would be worth £54,016, with a potential rental value of £402 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £47,843, with a rental value of £356 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 5, Hazel Grove, Newark has dropped by £135 (0.3%) over the last year. During the same period, its estimated monthly rental value has risen by £13 (3.3%). The property's estimated gross yield is currently 8.9%.
Energy Efficiency
5, Hazel Grove, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Nov 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
5, Hazel Grove, Newark last changed hands on 16th June 1998, selling for £15,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Jun 1998£15,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 660 metres of 5, Hazel Grove, Newark across the last 2 years.
Most recently, 17, Willow Road, Newark, NG24 3DA, a leasehold flat, sold at £50,250 on the 16th June 2023.
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
Our analysis of the public data ranks 5, Hazel Grove, Newark as the 23rd largest and the 23rd most expensive of the 24 addresses on Hazel Grove, Balderton, Newark, NG24.
Against the NG24 postcode district average, it is £160k less expensive than the typical property.
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Schools Nearby
- 300mJohn Hunt Academy
- 1.0kmChuter Ede Primary School
- 1.2kmThe Sir Donald Bailey Academy
- 300mThe Newark Academy
- 1.2kmMagnus Church of England Academy
- 2.3kmThe Suthers School
More reading links
Public Transport Nearby
Newark Northgate station is the nearest stop to 5, Hazel Grove, Newark at 2.4 kilometres away.
- 2.4kmNewark Northgate
- 2.6kmNewark Castle
- 7.3kmRolleston
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
