Flat 8, Smith House
Flat 8, Smith House
Description & Estimates
The public record describes Flat 8, Smith House, Newark as a mid-century apartment with 710 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 8, Smith House, Newark has an estimated sale value of £90,074 and an estimated rental value of £607 per month, assuming reasonable condition and based on the information available.
The apartment sits within Smith House, Grange Road, Newark, NG24.
Grange Road, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
Our Data Sources
Flat 8, Smith House, Newark has no records in the the Land Registry and a single entry in the EPC database dated December 2024.
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
In very good condition, we estimate Flat 8, Smith House, Newark would be worth £94,578, with a potential rental value of £638 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £83,769, with a rental value of £565 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 8, Smith House, Newark has declined by £201 (0.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £20 (3.3%). The property's estimated gross yield is currently 8.1%.
Energy Efficiency
Flat 8, Smith House, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Dec 2024.
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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 640 metres of Flat 8, Smith House, Newark across the last 2 years.
Most recently, 27, Ash Road, Newark, NG24 4LQ, a leasehold flat, sold at £105,000 on the 4th August 2023.
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
Our analysis of the public data ranks Flat 8, Smith House, Newark as the 167th largest and the 238th most expensive of the 275 addresses on Grange Road, Newark, NG24.
Against the NG24 postcode district average, it is £122k less expensive than the typical property.
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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
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Public Transport Nearby
Newark Castle station is the nearest stop to Flat 8, Smith House, Newark at 2.4 kilometres away.
- 2.4kmNewark Castle
- 2.8kmNewark Northgate
- 5.9kmRolleston
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
