7, Main Street
7, Main Street
Description & Estimates
The public record describes 7, Main Street, Newark as a modern house with 2,507 ft2 of internal area, sitting on a 1,134 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
7, Main Street, Newark has an estimated sale value of £651,284 and an estimated rental value of £1,725 per month, assuming reasonable condition and based on the information available.
Main Street, Farndon, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
Our Data Sources
7, Main Street, Newark has no records in the the Land Registry and a single entry in the EPC database dated November 2017.
We combine this information with public data 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
In very good condition, we estimate 7, Main Street, Newark would be worth £683,848, with a potential rental value of £1,811 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £605,694, with a rental value of £1,604 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, Main Street, Newark has fallen by £8,149 (1.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £39 (2.3%). The property's estimated gross yield is currently 3.2%.
Plot Size
7, Main Street, Newark occupies a 1,134 m2 plot as recorded by HM Land Registry.
Of the 26 other houses in this postcode, 14 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
7, Main Street, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Nov 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.0 kilometres of 7, Main Street, Newark across the last 2 years.
Most recently, 107, Fosse Road, Newark, NG24 3TL, a freehold house, sold at £620,000 on the 29th 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
Our analysis of the public data ranks 7, Main Street, Newark as the 2nd largest and the most expensive of the 26 addresses on Main Street, Farndon, Newark, NG24.
Against the NG24 postcode district average, it is £439k more expensive than the typical property.
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Schools Nearby
- 700mSt Peter's Crosskeys CofE Academy
- 2.8kmHoly Trinity Catholic Voluntary Academy
- 3.0kmChrist Church C of E Primary School
- 3.6kmMagnus Church of England Academy
- 4.5kmThe Newark Academy
- 5.4kmThe Suthers School
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Public Transport Nearby
Rolleston station is the nearest stop to 7, Main Street, Newark at 3.2 kilometres away.
- 3.2kmRolleston
- 3.6kmNewark Castle
- 4.0kmFiskerton
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
