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According to the public record, 7, Corner Farm Close, Newark is a modern freehold house with 2,647 ft2 of internal area and sits on a 573 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Corner Farm Close, Newark is £634,516 and the estimated rental value is £1,930 per month.
Corner Farm Close, Rolleston, Newark, NG23 is located in the borough of Newark and Sherwood within the NG23 postal district.
7, Corner Farm Close, Newark has 2 entries in the Land Registry , most recently in April 2018 and a single entry in the EPC database dated April 2012.
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.
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 7, Corner Farm Close, Newark is in very good condition we estimate a sale value of £666,242 and a rental value of £2,027 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £590,100 and a rental value of £1,795 per month.
Over the last 12 months the sale value of 7 Corner Farm Close Newark has decreased by an estimated £11,800 (1.9%) and its rental value has increased by an estimated £26 per month (1.4%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 7, Corner Farm Close, Newark sits on a plot of 573m2.
We have plot size data on 8 out of 11 other houses in the postcode and 7, Corner Farm Close, Newark sits on the 4th largest plot.
7, Corner Farm Close, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Apr 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Corner Farm Close, Newark was last sold on 26th April 2018 for £490,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2018, the market for similar properties has risen 5.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Corner Farm Close, Newark within a radius of 3.4 kilometres over the last 2 years.
The most recent example is 2, Gorse View, Newark, NG23 5SA, a freehold house which sold for £550,000 on the 9th October 2020.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Corner Farm Close, Rolleston, Newark, NG23 has a total of 11 addresses. According to our analysis of all the public data, 7, Corner Farm Close, Newark is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £265k more expensive than the average property in NG23.
The closest station to 7, Corner Farm Close, Newark is Rolleston station which is 500 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Corner Farm Close, Newark, 54.1% of property is privately owned outright and 35.3% is privately owned with a mortgage.
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 7, Corner Farm Close, Newark, 19.6% of residents are recorded as possessing school level qualifications and 51.3% 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 7, Corner Farm Close, Newark, the average age was 43.6 and the most common age was 52.
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 7, Corner Farm Close, Newark, 0.6% 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 7, Corner Farm Close, Newark, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
