Our Data Sources
7, Reed Close, Newark has a single entry in the Land Registry from February 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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, Reed Close, Newark would be worth £412,368, with a potential rental value of £1,518 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £365,240, with a rental value of £1,345 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
7, Reed Close, Newark occupies a 473 m2 plot as recorded by HM Land Registry.
All 8 other houses in this postcode have recorded plot sizes, and this one ranks as the 2nd largest.
Sold Prices
7, Reed Close, Newark last changed hands on 25th February 2022, selling for £380,000. 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 dropped by 2.0% since February 2022.
- Sold Feb 2022£380,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 35 sales of comparable properties within 790 metres of 7, Reed Close, Newark since 2020.
Most recently, 16, Willows Walk, Newark, NG24 3WU, a freehold house, sold at £400,000 on the 25th October 2024.
Read more about house prices in NG24.
- Sold Oct 2024£400,000 | 5 Bed House16, Willows Walk, Newark, NG24 3WU16, Willows Walk, Newark, NG24 3WU
- Sold Sep 2023£409,995 | 5 Bed House11, Threadneedle Way, Newark, NG24 3WP11, Threadneedle Way, Newark, NG24 3WP
- Sold Sep 2023£429,995 | 5 Bed House9, Threadneedle Way, Newark, NG24 3WP9, Threadneedle Way, Newark, NG24 3WP
- Sold Oct 2022£385,000 | 4 Bed House3, Threadneedle Way, Newark, NG24 3WP3, Threadneedle Way, Newark, NG24 3WP
- Sold Oct 2022£449,995 | 5 Bed House5, Threadneedle Way, Newark, NG24 3WP5, Threadneedle Way, Newark, NG24 3WP
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £292,606, ranging from £231,525 to £394,235.
- 2 Reed Close
4 Bed House | 21 m | Est. Value: £387,452
- 8 Reed Close
4 Bed House | 25 m | Est. Value: £314,925
- 66 Marleston Lane
3 Bed House | 26 m | Est. Value: £251,654
- 1 Reed Close
4 Bed House | 30 m | Est. Value: £306,137
- 3 Swift Drive
3 Bed House | 32 m | Est. Value: £287,982
Location Comparison
Our analysis of the public data ranks 7, Reed Close, Newark as the largest and the most expensive of the 8 addresses on Reed Close, Middlebeck, Newark, NG24.
Against the NG24 postcode district average, it is £179k more expensive than the typical property.
More reading links
Schools Nearby
- The Sir Donald Bailey Academy800 m away
- John Hunt Academy900 m away
- The King's Church of England Primary Academy1.4 km away
- The Newark Academy1.2 km away
- Magnus Church of England Academy1.4 km away
- The Suthers School2.2 km away
More reading links
Public Transport Nearby
- Newark Castle|2.9 km away
- Newark Northgate|2.9 km away
- Rolleston|6.8 km away
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.












