Flat 3, 5
Flat 3, 5
Description & Estimates
According to the public record, Flat 3, 5, Church Walk, Newark is a period leasehold apartment with 710 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 Flat 3, 5, Church Walk, Newark is £114,108 and the estimated rental value is £675 per month.
The apartment is within 5, Church Walk, Newark, NG24.
Church Walk, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
Our Data Sources
Flat 3, 5, Church Walk, Newark has 2 entries in the Land Registry , most recently in December 2024 and a single entry in the EPC database dated February 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 Flat 3, 5, Church Walk, Newark is in very good condition we estimate a sale value of £119,814 and a rental value of £709 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £106,121 and a rental value of £628 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, 5, Church Walk, Newark has fallen by £255 (0.2%), while its estimated rental value has moved up by £22 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 7.1%.
Energy Efficiency
Flat 3, 5, Church Walk, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Feb 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 3, 5, Church Walk, Newark was last sold on 16th December 2024 for £112,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2024, the market for similar properties has risen by 3.4%.
- Sold Dec 2024£112,000
- Sold Sep 2007£115,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 5, Church Walk, Newark within a radius of 500 metres over the last 2 years.
The most recent example is 27 The Brewhouse, Castle Brewery, Newark, NG24 4AF, a leasehold flat which sold for £96,000 on the 20th September 2024.
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
Church Walk, Newark, NG24 has a total of 12 addresses. According to our analysis of all the public data, Flat 3, 5, Church Walk, Newark is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in NG24.
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Schools Nearby
- 100mMount CofE Primary School
- 600mLovers Lane Primary and Nursery School
- 700mChrist Church C of E Primary School
- 1.0kmMagnus Church of England Academy
- 2.1kmThe Newark Academy
- 4.4kmThe Suthers School
More reading links
Public Transport Nearby
The closest station to Flat 3, 5, Church Walk, Newark is Newark Castle station, which is 500 metres away.
- 500mNewark Castle
- 800mNewark Northgate
- 6.2kmRolleston
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
