54A, Main Road
54A, Main Road
Description & Estimates
According to the public record, 54A, Main Road, Newark is a modern leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 54A, Main Road, Newark is £138,363 and the estimated rental value is £690 per month.
The apartment is within 54, Main Road, Boughton, Newark, NG22.
Main Road, Boughton, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
Our Data Sources
54A, Main Road, Newark has a single entry in the Land Registry from October 2009 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 54A, Main Road, Newark is in very good condition we estimate a sale value of £145,282 and a rental value of £724 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £128,678 and a rental value of £641 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 54A, Main Road, Newark has moved down by £2,316 (1.7%), while its estimated rental value has increased by £6 per month (0.9%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
54A, Main Road, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 May 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, 54A, Main Road, Newark was last sold on 23rd October 2009 for £89,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2009, the market for similar properties has risen by 91.1%.
- Sold Oct 2009£89,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 54A, Main Road, Newark within a radius of 740 metres over the last 2 years.
The most recent example is Flat B, 5, Briar Road, Newark, NG22 9SY, a leasehold flat which sold for £88,000 on the 24th November 2008.
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
Main Road, Boughton, Newark, NG22 has a total of 97 addresses. According to our analysis of all the public data, 54A, Main Road, Newark is the 69th largest and the 68th most expensive property on the street.
When compared to the postcode district it is £108k less expensive than the average property in NG22.
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Schools Nearby
- 100mSt Joseph's Catholic Primary and Nursery School
- 400mThe Parkgate Academy
- 1.3kmThe Forest View Academy
- 400mThe Dukeries Academy
- 8.0kmTuxford Academy
- 10.2kmMeden School
More reading links
Public Transport Nearby
The closest station to 54A, Main Road, Newark is Retford station, which is 12.5 kilometres away.
- 12.5kmRetford
- 13.8kmShirebrook
- 14.4kmWorksop
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
