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According to the public record, 5, Oak View, Newark is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,235 ft2 of internal area and sits on a 623 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, Oak View, Newark is £323,079 and the estimated rental value is £1,134 per month.
Oak View, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
5, Oak View, Newark has 51 entries in the Land Registry , most recently in September 2014 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 3 out of 5 and is considered of medium 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, Oak View, Newark is in very good condition we estimate a sale value of £339,233 and a rental value of £1,191 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,463 and a rental value of £1,055 per month.
Over the last 12 months the sale value of 5 Oak View Newark has decreased by an estimated £1,195 (0.4%) and its rental value has increased by an estimated £25 per month (2.2%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 5, Oak View, Newark sits on a plot of 623m2.
We have plot size data on 5 out of 5 other houses in the postcode and 5, Oak View, Newark sits on the 2nd largest plot.
According to HM Land Registry, 5, Oak View, Newark was last sold on 26th September 2014 for £225,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since September 2014, the market for similar properties has risen 28.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Oak View, Newark within a radius of 800 metres over the last 2 years.
The most recent example is 57, Magdalene View, Newark, NG24 2HZ, a freehold house which sold for £322,500 on the 18th July 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak View, Newark, NG24 has a total of 5 addresses. According to our analysis of all the public data, 5, Oak View, Newark is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £111k more expensive than the average property in NG24.
The closest station to 5, Oak View, Newark is Newark Northgate station which is 900 metres away.
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, Oak View, 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 5, Oak View, 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 5, Oak View, 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 5, Oak View, 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.