8, Miners Close
8, Miners Close
Description & Estimates
8, Miners Close, Newark is recorded publicly as a modern freehold house across 839 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Miners Close, Newark is £216,472 and its rental estimate is £1,122 per month, given the available information and assuming reasonable condition.
Miners Close, Bilsthorpe, Newark, NG22 falls within the NG22 postal district, in the borough of Newark and Sherwood.
Our Data Sources
8, Miners Close, Newark has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated January 2024.
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 8, Miners Close, Newark, we estimate a market value of £227,296 and a rental value of £1,178 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £201,319 and £1,044 per month respectively.
Recent Market Change
Over the last year, 8, Miners Close, Newark has seen its estimated sale value decline by £1,883 (0.9%) and its estimated rental value climb by £36 per month (3.2%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
8, Miners Close, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jan 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Miners Close, Newark completed on 23rd February 2024 at £209,995 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 40.6% over the period since February 2024.
- Sold Feb 2024£209,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Miners Close, Newark have sold within a radius of 2.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th June 2024, was 1, Headstock Place, Newark, NG22 8GJ, a freehold house which sold for £244,995.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 23 addresses on Miners Close, Bilsthorpe, Newark, NG22, 8, Miners Close, Newark comes out as the 16th largest and the 19th most expensive in our analysis of the public data.
It is also £30k less expensive than the average property across the NG22 district.
More reading links
Schools Nearby
- 500mBilsthorpe Flying High Academy
- 4.2kmFarnsfield St Michael's Church of England Primary School
- 4.6kmKirklington Primary School
- 6.8kmThe Joseph Whitaker School
- 7.1kmThe Garibaldi School
- 7.6kmThe Dukeries Academy
More reading links
Public Transport Nearby
From 8, Miners Close, Newark, the nearest station is Mansfield, 11.1 kilometres away.
- 11.1kmMansfield
- 11.4kmMansfield Woodhouse
- 12.2kmFiskerton
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
