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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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5, Parkgate Close, Newark is recorded publicly as a modern freehold house across 818 ft2 of internal area, sitting on a 278 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Parkgate Close, Newark is £192,401 and its rental estimate is £1,076 per month, given the available information and assuming reasonable condition.
Parkgate Close, New Ollerton, Newark, NG22 falls within the NG22 postal district, in the borough of Newark and Sherwood.
5, Parkgate Close, Newark has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated March 2022.
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.
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, Parkgate Close, Newark, we estimate a market value of £202,021 and a rental value of £1,130 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £178,933 and £1,001 per month respectively.
Over the last year, 5, Parkgate Close, Newark has seen its estimated sale value decrease by £1,674 (0.9%) and its estimated rental value grow by £35 per month (3.2%). This results in an estimated gross rental yield of 6.7%.
HM Land Registry records the plot of land for 5, Parkgate Close, Newark as measuring 278 m2.
That makes it the 3rd largest plot in the postcode, where all 12 other houses have recorded plot data.
5, Parkgate Close, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 5, Parkgate Close, Newark completed on 31st March 2022 at £195,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 42.8% over the period since March 2022.
Over the past 2 years 3 properties similar to 5, Parkgate Close, Newark have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd August 2025, was 5, Lily Way, Newark, NG22 9XR, a freehold house which sold for £212,000.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 12 addresses on Parkgate Close, New Ollerton, Newark, NG22, 5, Parkgate Close, Newark comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £54k less expensive than the average property across the NG22 district.
From 5, Parkgate Close, Newark, the nearest station is Retford, 12.0 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Parkgate Close, Newark, 51.5% of property is privately owned with a mortgage and 22.0% 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, Parkgate Close, Newark, 21.0% of residents are recorded as possessing school level qualifications and 21.4% 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, Parkgate Close, Newark, the average age was 41.4 and the most common age was 57.
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, Parkgate Close, 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, Parkgate Close, Newark, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
