Flat 10, Smith House
Flat 10, Smith House
Description & Estimates
Flat 10, Smith House, Newark is recorded publicly as a mid-century leasehold apartment across 699 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 10, Smith House, Newark is £89,513 and its rental estimate is £605 per month, given the available information and assuming reasonable condition.
Smith House, Grange Road is a residential building on Grange Road, Newark, NG24 and falls within the NG24 postal district and the borough of Newark and Sherwood.
Our Data Sources
Flat 10, Smith House, Newark has 21 entries in the Land Registry , most recently in July 2014 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Flat 10, Smith House, Newark, we estimate a market value of £93,988 and a rental value of £636 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £83,247 and £563 per month respectively.
Recent Market Change
Over the last year, Flat 10, Smith House, Newark has seen its estimated sale value decrease by £200 (0.2%) and its estimated rental value grow by £20 per month (3.3%). This results in an estimated gross rental yield of 8.1%.
Energy Efficiency
Flat 10, Smith House, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Sep 2022.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 10, Smith House, Newark completed on 25th July 2014 at £66,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 45.0% over the period since July 2014.
- Sold Jul 2014£66,000
- Sold Feb 2003£41,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 10, Smith House, Newark have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th February 2024, was Flat 6, Standish House, Grange Road, Newark, NG24 4LG, a leasehold flat which sold for £87,000.
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 275 addresses on Grange Road, Newark, NG24, Flat 10, Smith House, Newark comes out as the 200th largest and the 242nd most expensive in our analysis of the public data.
It is also £122k less expensive than the average property across the NG24 district.
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Schools Nearby
- 400mThe Sir Donald Bailey Academy
- 1.0kmThe King's Church of England Primary Academy
- 1.4kmHoly Trinity Catholic Voluntary Academy
- 1.3kmMagnus Church of England Academy
- 1.8kmThe Newark Academy
- 3.0kmThe Suthers School
More reading links
Public Transport Nearby
From Flat 10, Smith House, Newark, the nearest station is Newark Castle, 2.4 kilometres away.
- 2.4kmNewark Castle
- 2.8kmNewark Northgate
- 5.9kmRolleston
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
