7, Furrow Close
7, Furrow Close
Description & Estimates
Public records show 7, Furrow Close, Newark to be a modern freehold house with 667 ft2 of internal area, sitting on a 138 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
7, Furrow Close, Newark has an estimated sale value of £201,995 and an estimated rental value of £878 per month, assuming reasonable condition and based on the information available.
Furrow Close, Middlebeck, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
Our Data Sources
7, Furrow Close, Newark has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated September 2021.
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
In very good condition, we estimate 7, Furrow Close, Newark would be worth £212,095, with a potential rental value of £922 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £187,856, with a rental value of £817 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 7, Furrow Close, Newark has declined by £2,436 (1.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £20 (2.3%). The property's estimated gross yield is currently 5.2%.
Plot Size
7, Furrow Close, Newark occupies a 138 m2 plot as recorded by HM Land Registry.
Of the 26 other houses in this postcode, 23 have recorded plot sizes, and this one ranks as the 22nd largest.
Energy Efficiency
7, Furrow Close, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
7, Furrow Close, Newark last changed hands on 30th September 2021, selling for £174,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 5.7% since September 2021.
- Sold Sep 2021£174,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 810 metres of 7, Furrow Close, Newark across the last 2 years.
Most recently, 56, Flaxley Lane, Newark, NG24 3XB, a freehold house, sold at £196,000 on the 30th August 2024.
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
Our analysis of the public data ranks 7, Furrow Close, Newark as the 24th largest and the 24th most expensive of the 26 addresses on Furrow Close, Middlebeck, Newark, NG24.
Against the NG24 postcode district average, it is £10k less expensive than the typical property.
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Schools Nearby
- 800mThe Sir Donald Bailey Academy
- 1.0kmJohn Hunt Academy
- 1.4kmThe King's Church of England Primary Academy
- 1.3kmThe Newark Academy
- 1.4kmMagnus Church of England Academy
- 2.3kmThe Suthers School
More reading links
Public Transport Nearby
Newark Castle station is the nearest stop to 7, Furrow Close, Newark at 2.9 kilometres away.
- 2.9kmNewark Castle
- 2.9kmNewark Northgate
- 6.6kmRolleston
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
