54C, Main Road
54C, Main Road
Description & Estimates
54C, Main Road, Newark is recorded publicly as a modern leasehold apartment across 441 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 54C, Main Road, Newark is £111,929 and its rental estimate is £576 per month, given the available information and assuming reasonable condition.
54, Main Road is a residential building on Main Road, Boughton, Newark, NG22 and falls within the NG22 postal district and the borough of Newark and Sherwood.
Our Data Sources
54C, Main Road, Newark has a single entry in the Land Registry from May 2010 and a single entry in the EPC database dated November 2019.
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
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 54C, Main Road, Newark, we estimate a market value of £117,525 and a rental value of £604 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £104,094 and £535 per month respectively.
Recent Market Change
Over the last year, 54C, Main Road, Newark has seen its estimated sale value drop by £1,874 (1.7%) and its estimated rental value rise by £5 per month (0.9%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
54C, Main Road, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Nov 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 54C, Main Road, Newark completed on 28th May 2010 at £89,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 90.7% over the period since May 2010.
- Sold May 2010£89,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 54C, Main Road, Newark have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th August 2022, was Flat A, 5, Briar Road, Newark, NG22 9SY, a leasehold flat which sold for £100,000.
Read more about house prices in NG22.
- Sold Aug 2022£100,000 | 2 Bed FlatFlat A, 5, Briar Road, Newark, NG22 9SYFlat A, 5, Briar Road, Newark, NG22 9SY
- Sold Jul 2021£85,000 | 2 Bed Flat54B, Main Road, Newark, NG22 9JD54B, Main Road, Newark, NG22 9JD
- Sold Apr 2021£95,000 | 2 Bed Flat54D, Main Road, Newark, NG22 9JD54D, Main Road, Newark, NG22 9JD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 97 addresses on Main Road, Boughton, Newark, NG22, 54C, Main Road, Newark comes out as the 89th largest and the 75th most expensive in our analysis of the public data.
It is also £134k less expensive than the average property across the NG22 district.
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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
From 54C, Main Road, Newark, the nearest station is Retford, 12.5 kilometres away.
- 12.5kmRetford
- 13.8kmShirebrook
- 14.4kmWorksop
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.
