59, Wolsey Road
59, Wolsey Road
Description & Estimates
59, Wolsey Road, Newark appears in the public record as a freehold house sitting on a 337 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 724 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 59, Wolsey Road, Newark is £140,124 and its rental estimate is £831 per month, given the available information and assuming reasonable condition.
Wolsey Road, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
59, Wolsey Road, Newark has a single entry in the Land Registry from June 2016 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 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 59, Wolsey Road, Newark, we estimate a market value of £147,130 and a rental value of £873 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £130,315 and £773 per month respectively.
Recent Market Change
Over the last year, 59, Wolsey Road, Newark has seen its estimated sale value decline by £1,690 (1.2%) and its estimated rental value climb by £19 per month (2.3%). This results in an estimated gross rental yield of 7.1%.
Plot Size
HM Land Registry records the plot of land for 59, Wolsey Road, Newark as measuring 337 m2.
That makes it the 10th largest plot in the postcode, where 31 of the 39 other houses have recorded plot data.
Sold Prices
The most recent sale of 59, Wolsey Road, Newark completed on 6th June 2016 at £120,000 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 48.0% over the period since June 2016.
- Sold Jun 2016£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 59, Wolsey Road, Newark have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th August 2023, was 118, Lincoln Road, Newark, NG24 2DF, a freehold house which sold for £114,000.
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 161 addresses on Wolsey Road, Newark, NG24, 59, Wolsey Road, Newark comes out as the 111th largest and the 111th most expensive in our analysis of the public data.
It is also £72k less expensive than the average property across the NG24 district.
More reading links
Schools Nearby
- 500mBishop Alexander L.E.A.D. Academy
- 1.0kmLovers Lane Primary and Nursery School
- 1.4kmMount CofE Primary School
- 2.3kmMagnus Church of England Academy
- 3.1kmThe Newark Academy
- 5.5kmThe Suthers School
More reading links
Public Transport Nearby
From 59, Wolsey Road, Newark, the nearest station is Newark Northgate, 800 metres away.
- 800mNewark Northgate
- 1.4kmNewark Castle
- 6.9kmCollingham
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 very low, based on Environment Agency data.
