9, The Spinney
9, The Spinney
Description & Estimates
According to the public record, 9, The Spinney, Newark is a freehold house that sits on a 476 m2 plot.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,647 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 9, The Spinney, Newark is £344,795 and the estimated rental value is £1,457 per month.
The Spinney, Elston, Newark, NG23 is located in the borough of Newark and Sherwood within the NG23 postal district.
Our Data Sources
9, The Spinney, Newark has 21 entries in the Land Registry , most recently in July 2012 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 9, The Spinney, Newark is in very good condition we estimate a sale value of £362,034 and a rental value of £1,530 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £320,659 and a rental value of £1,355 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 9, The Spinney, Newark has dropped by £4,610 (1.3%), while its estimated rental value has risen by £31 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Plot Size
According to data from HM Land Registry, 9, The Spinney, Newark sits on a plot of 476 m2.
We have plot size data on 19 out of 24 other houses in the postcode and 9, The Spinney, Newark sits on the 19th largest plot.
Sold Prices
According to HM Land Registry, 9, The Spinney, Newark was last sold on 6th July 2012 for £285,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2012, the market for similar properties has risen by 43.9%.
- Sold Jul 2012£285,000
- Sold Aug 2001£132,505
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, The Spinney, Newark within a radius of 4.3 kilometres over the last 2 years.
The most recent example is 3, Top Street, Newark, NG23 5NP, a freehold house which sold for £487,500 on the 5th September 2017.
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
The Spinney, Elston, Newark, NG23 has a total of 24 addresses. According to our analysis of all the public data, 9, The Spinney, Newark is the 13th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £25k less expensive than the average property in NG23.
More reading links
Schools Nearby
- 200mAll Saints Anglican/Methodist Primary School
- 2.7kmFlintham Primary School
- 4.5kmSt Peter's Crosskeys CofE Academy
- 6.6kmThe Suthers School
- 6.6kmMagnus Church of England Academy
- 7.0kmThe Newark Academy
More reading links
Public Transport Nearby
The closest station to 9, The Spinney, Newark is Fiskerton station, which is 4.8 kilometres away.
- 4.8kmFiskerton
- 4.9kmRolleston
- 5.1kmBleasby
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
