89, Rowan Way
89, Rowan Way
Description & Estimates
89, Rowan Way, Newark appears in the public record as a freehold house sitting on a 496 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,347 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 89, Rowan Way, Newark is £293,852 and its rental estimate is £1,138 per month, given the available information and assuming reasonable condition.
Rowan Way, Balderton, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
89, Rowan Way, Newark has 31 entries in the Land Registry , most recently in January 2008 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 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 89, Rowan Way, Newark, we estimate a market value of £308,545 and a rental value of £1,195 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £273,283 and £1,058 per month respectively.
Recent Market Change
Over the last year, 89, Rowan Way, Newark has seen its estimated sale value fall by £2,631 (0.9%) and its estimated rental value move up by £30 per month (2.6%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for 89, Rowan Way, Newark as measuring 496 m2.
That makes it the 4th largest plot in the postcode, where all 51 other houses have recorded plot data.
Sold Prices
The most recent sale of 89, Rowan Way, Newark completed on 24th January 2008 at £210,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 41.0% over the period since January 2008.
- Sold Jan 2008£210,000
- Sold Aug 2004£189,950
- Sold Oct 2003£174,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 89, Rowan Way, Newark have sold within a radius of 670 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th April 2024, was 91, Rowan Way, Newark, NG24 3BJ, a freehold house which sold for £265,000.
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
Of the 95 addresses on Rowan Way, Balderton, Newark, NG24, 89, Rowan Way, Newark comes out as the largest and the 6th most expensive in our analysis of the public data.
It is also £82k more expensive than the average property across the NG24 district.
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Schools Nearby
- 300mJohn Hunt Academy
- 1.0kmChuter Ede Primary School
- 1.2kmThe Sir Donald Bailey Academy
- 400mThe Newark Academy
- 1.2kmMagnus Church of England Academy
- 2.3kmThe Suthers School
More reading links
Public Transport Nearby
From 89, Rowan Way, Newark, the nearest station is Newark Northgate, 2.5 kilometres away.
- 2.5kmNewark Northgate
- 2.6kmNewark Castle
- 7.3kmRolleston
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
