Flat 1B, 2
Flat 1B, 2
Description & Estimates
Flat 1B, 2, The Crescent, Newark is described in the public record as an early-century apartment with 785 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 1B, 2, The Crescent, Newark is £87,865 and its rental estimate is £574 per month, given the available information and assuming reasonable condition.
The Crescent, Bilsthorpe, Newark, NG22 falls within the NG22 postal district, in the borough of Newark and Sherwood.
Our Data Sources
Flat 1B, 2, The Crescent, Newark has no records in the the Land Registry and a single entry in the EPC database dated July 2021.
We combine this information with public data 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 1B, 2, The Crescent, Newark, we estimate a market value of £92,258 and a rental value of £602 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £81,715 and £533 per month respectively.
Recent Market Change
Over the last year, Flat 1B, 2, The Crescent, Newark has seen its estimated sale value decrease by £1,490 (1.7%) and its estimated rental value grow by £11 per month (2.0%). This results in an estimated gross rental yield of 7.8%.
Energy Efficiency
Flat 1B, 2, The Crescent, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 1B, 2, The Crescent, Newark has sold within a radius of 2.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th May 2024, was Flat 1A, 1, The Crescent, Newark, NG22 8QX, a leasehold flat which sold for £42,000.
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
Of the 58 addresses on The Crescent, Bilsthorpe, Newark, NG22, Flat 1B, 2, The Crescent, Newark comes out as the 29th largest and the 56th most expensive in our analysis of the public data.
It is also £158k less expensive than the average property across the NG22 district.
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Schools Nearby
- 400mBilsthorpe Flying High Academy
- 4.0kmFarnsfield St Michael's Church of England Primary School
- 4.7kmKirklington Primary School
- 6.3kmThe Joseph Whitaker School
- 6.7kmThe Garibaldi School
- 8.0kmThe Dukeries Academy
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Public Transport Nearby
From Flat 1B, 2, The Crescent, Newark, the nearest station is Mansfield, 10.6 kilometres away.
- 10.6kmMansfield
- 11.0kmMansfield Woodhouse
- 12.3kmFiskerton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
