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By comparing it to neighbours, we estimate that it is a modern house with 2,598 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Corner Farm Close, Newark is £500,948 and the estimated rental value is £1,991 per month.
Corner Farm Close, Rolleston, Newark, NG23 is located in the borough of Newark and Sherwood within the NG23 postal district.
8, Corner Farm Close, Newark has a single entry in the Land Registry from June 2010 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 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, Corner Farm Close, Newark is in very good condition we estimate a sale value of £525,995 and a rental value of £2,091 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £465,882 and a rental value of £1,852 per month.
Over the last 12 months the sale value of 8 Corner Farm Close Newark has decreased by an estimated £9,316 (1.9%) and its rental value has increased by an estimated £27 per month (1.4%), giving an expected gross yield of 4.8%.
According to HM Land Registry, 8, Corner Farm Close, Newark was last sold on 23rd June 2010 for £500,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2010, the market for similar properties has risen 36.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Corner Farm Close, Newark within a radius of 3.4 kilometres over the last 2 years.
The most recent example is Elmcroft, Staythorpe Road, Newark, NG23 5SG, a freehold house which sold for £601,000 on the 10th March 2023.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Corner Farm Close, Rolleston, Newark, NG23 has a total of 11 addresses. According to our analysis of all the public data, 8, Corner Farm Close, Newark is the 6th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £131k more expensive than the average property in NG23.
The closest station to 8, Corner Farm Close, Newark is Rolleston station which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Corner Farm Close, Newark, 54.1% of property is privately owned outright and 35.3% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8, Corner Farm Close, Newark, 19.6% of residents are recorded as possessing school level qualifications and 51.3% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, Corner Farm Close, Newark, the average age was 43.6 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8, Corner Farm Close, Newark, 0.6% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8, Corner Farm Close, Newark, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.