59, Colliery Way
59, Colliery Way
Description & Estimates
According to the public record, 59, Colliery Way, Newark is a modern freehold house with 1,011 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 59, Colliery Way, Newark is £241,917 and the estimated rental value is £1,176 per month.
Colliery Way, Bilsthorpe, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
Our Data Sources
59, Colliery Way, Newark has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated May 2023.
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.
Price Range & Condition
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 59, Colliery Way, Newark is in very good condition we estimate a sale value of £254,013 and a rental value of £1,235 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,983 and a rental value of £1,094 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 59, Colliery Way, Newark has dropped by £2,105 (0.9%), while its estimated rental value has risen by £38 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 5.8%.
Energy Efficiency
59, Colliery Way, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 May 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 59, Colliery Way, Newark was last sold on 8th June 2023 for £234,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2023, the market for similar properties has risen by 41.5%.
- Sold Jun 2023£234,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Colliery Way, Newark within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 4, Miners Close, Newark, NG22 8GH, a freehold house which sold for £249,495 on the 28th June 2024.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Colliery Way, Bilsthorpe, Newark, NG22 has a total of 47 addresses. According to our analysis of all the public data, 59, Colliery Way, Newark is the 16th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in NG22.
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Schools Nearby
- 500mBilsthorpe Flying High Academy
- 4.2kmFarnsfield St Michael's Church of England Primary School
- 4.5kmKirklington Primary School
- 6.9kmThe Joseph Whitaker School
- 7.2kmThe Garibaldi School
- 7.6kmThe Dukeries Academy
More reading links
Public Transport Nearby
The closest station to 59, Colliery Way, Newark is Mansfield station, which is 11.2 kilometres away.
- 11.2kmMansfield
- 11.5kmMansfield Woodhouse
- 12.1kmFiskerton
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
