6, Maythorne Close
6, Maythorne Close
Description & Estimates
According to the public record, 6, Maythorne Close, Newark is a mid-century leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 6, Maythorne Close, Newark is £72,199 and the estimated rental value is £525 per month.
Maythorne Close, Balderton, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
Our Data Sources
6, Maythorne Close, Newark has 21 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 6, Maythorne Close, Newark is in very good condition we estimate a sale value of £75,809 and a rental value of £551 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £67,145 and a rental value of £488 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 6, Maythorne Close, Newark has dropped by £161 (0.2%), while its estimated rental value has risen by £17 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 8.7%.
Energy Efficiency
6, Maythorne Close, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jul 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, 6, Maythorne Close, Newark was last sold on 28th October 2022 for £72,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2022, the market for similar properties has risen by 14.3%.
- Sold Oct 2022£72,500
- Sold Mar 2003£38,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Maythorne Close, Newark within a radius of 650 metres over the last 2 years.
The most recent example is 42, Willow Road, Newark, NG24 3DA, a leasehold flat which sold for £75,000 on the 15th September 2021.
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
Maythorne Close, Balderton, Newark, NG24 has a total of 24 addresses. According to our analysis of all the public data, 6, Maythorne Close, Newark is the 20th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in NG24.
More reading links
Schools Nearby
- 200mJohn Hunt Academy
- 900mChuter Ede Primary School
- 1.3kmThe Sir Donald Bailey Academy
- 300mThe Newark Academy
- 1.2kmMagnus Church of England Academy
- 2.3kmThe Suthers School
More reading links
Public Transport Nearby
The closest station to 6, Maythorne Close, Newark is Newark Northgate station, which is 2.5 kilometres away.
- 2.5kmNewark Northgate
- 2.7kmNewark Castle
- 7.4kmRolleston
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
