7, Station Road
7, Station Road
Description & Estimates
7, Station Road, Newark is recorded publicly as a period freehold house across 2,120 ft2 of internal area, sitting on a 818 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 7, Station Road, Newark is £477,424 and its rental estimate is £1,836 per month, given the available information and assuming reasonable condition.
Station Road, Collingham, Newark, NG23 falls within the NG23 postal district, in the borough of Newark and Sherwood.
Our Data Sources
7, Station Road, Newark has a single entry in the Land Registry from October 2017 and a single entry in the EPC database dated March 2017.
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
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, Station Road, Newark, we estimate a market value of £501,296 and a rental value of £1,928 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £444,005 and £1,708 per month respectively.
Recent Market Change
Over the last year, 7, Station Road, Newark has seen its estimated sale value decline by £8,878 (1.9%) and its estimated rental value climb by £25 per month (1.4%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for 7, Station Road, Newark as measuring 818 m2.
That makes it the 19th largest plot in the postcode, where 51 of the 78 other houses have recorded plot data.
Energy Efficiency
7, Station Road, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Mar 2017.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas, Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Station Road, Newark completed on 27th October 2017 at £415,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 29.0% over the period since October 2017.
- Sold Oct 2017£415,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Station Road, Newark have sold within a radius of 3.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th August 2022, was 54, Dykes End, Newark, NG23 7LD, a freehold house which sold for £470,000.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 81 addresses on Station Road, Collingham, Newark, NG23, 7, Station Road, Newark comes out as the 12th largest and the 12th most expensive in our analysis of the public data.
It is also £108k more expensive than the average property across the NG23 district.
More reading links
Schools Nearby
- 200mJohn Blow Primary School
- 3.9kmSwinderby All Saints Church of England Primary School
- 4.6kmMuskham Primary School
- 9.0kmMagnus Church of England Academy
- 9.3kmThe Newark Academy
- 11.5kmThe Suthers School
More reading links
Public Transport Nearby
From 7, Station Road, Newark, the nearest station is Collingham, 300 metres away.
- 300mCollingham
- 4.5kmSwinderby
- 7.6kmNewark Northgate
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
