7, De Havilland Way
7, De Havilland Way
Description & Estimates
7, De Havilland Way, Newark is recorded publicly as a modern freehold house across 1,011 ft2 of internal area, sitting on a 231 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 7, De Havilland Way, Newark is £282,722 and its rental estimate is £993 per month, given the available information and assuming reasonable condition.
De Havilland Way, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
7, De Havilland Way, Newark has 41 entries in the Land Registry , most recently in February 2020 and a single entry in the EPC database dated October 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 7, De Havilland Way, Newark, we estimate a market value of £296,858 and a rental value of £1,043 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £262,931 and £923 per month respectively.
Recent Market Change
Over the last year, 7, De Havilland Way, Newark has seen its estimated sale value fall by £3,409 (1.2%) and its estimated rental value move up by £23 per month (2.3%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for 7, De Havilland Way, Newark as measuring 231 m2.
That makes it the 15th largest plot in the postcode, where all 15 other houses have recorded plot data.
Energy Efficiency
7, De Havilland Way, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, De Havilland Way, Newark completed on 7th February 2020 at £240,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 2.3% over the period since February 2020.
- Sold Feb 2020£240,000
- Sold Aug 2004£173,000
- Sold Nov 2001£122,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, De Havilland Way, Newark have sold within a radius of 970 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st November 2024, was 9, Garood Close, Newark, NG24 4FG, a freehold house which sold for £217,500.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 15 addresses on De Havilland Way, Newark, NG24, 7, De Havilland Way, Newark comes out as the 13th largest and the 14th most expensive in our analysis of the public data.
It is also £71k more expensive than the average property across the NG24 district.
More reading links
Schools Nearby
- 1.0kmHoly Trinity Catholic Voluntary Academy
- 1.1kmChrist Church C of E Primary School
- 1.2kmSt Peter's Crosskeys CofE Academy
- 1.8kmMagnus Church of England Academy
- 2.9kmThe Newark Academy
- 4.5kmThe Suthers School
More reading links
Public Transport Nearby
From 7, De Havilland Way, Newark, the nearest station is Newark Castle, 1.9 kilometres away.
- 1.9kmNewark Castle
- 2.6kmNewark Northgate
- 4.6kmRolleston
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 medium, based on Environment Agency data.
