51, Marsh Lane
51, Marsh Lane
Description & Estimates
51, Marsh Lane, Newark is described in the public record as a mid-century house with 925 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 51, Marsh Lane, Newark is £195,952 and its rental estimate is £956 per month, given the available information and assuming reasonable condition.
Marsh Lane, Farndon, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
51, Marsh Lane, Newark has no records in the the Land Registry and a single entry in the EPC database dated June 2019.
We combine this information with public data 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.
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 51, Marsh Lane, Newark, we estimate a market value of £205,750 and a rental value of £1,003 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £182,236 and £889 per month respectively.
Recent Market Change
Over the last year, 51, Marsh Lane, Newark has seen its estimated sale value drop by £2,363 (1.2%) and its estimated rental value rise by £22 per month (2.3%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
51, Marsh Lane, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jun 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 51, Marsh Lane, Newark have sold within a radius of 1.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd February 2024, was 43, Marsh Lane, Newark, NG24 3TA, a freehold house which sold for £185,000.
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 136 addresses on Marsh Lane, Farndon, Newark, NG24, 51, Marsh Lane, Newark comes out as the 94th largest and the 110th most expensive in our analysis of the public data.
It is also £16k less expensive than the average property across the NG24 district.
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Schools Nearby
- 400mSt Peter's Crosskeys CofE Academy
- 2.5kmHoly Trinity Catholic Voluntary Academy
- 2.7kmChrist Church C of E Primary School
- 3.4kmMagnus Church of England Academy
- 4.3kmThe Newark Academy
- 5.4kmThe Suthers School
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Public Transport Nearby
From 51, Marsh Lane, Newark, the nearest station is Rolleston, 3.3 kilometres away.
- 3.3kmRolleston
- 3.3kmNewark Castle
- 4.1kmFiskerton
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
