Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, Grasmere, Newark is a mid-century house with 1,453 ft2 of internal area and sits on a 508 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Grasmere, Newark is £452,595 and the estimated rental value is £1,803 per month.
Back Lane, Eakring, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
Grasmere, Newark has no records in the the Land Registry and a single entry in the EPC database dated November 2020.
We combine this information with public data 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.
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 Grasmere, Newark is in very good condition we estimate a sale value of £475,225 and a rental value of £1,894 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £420,913 and a rental value of £1,677 per month.
Over the last 12 months the sale value of Grasmere Newark has decreased by an estimated £2,541 (0.6%) and its rental value has increased by an estimated £44 per month (2.4%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, Grasmere, Newark sits on a plot of 508m2.
We have plot size data on 17 out of 20 other houses in the postcode and Grasmere, Newark sits on the 14th largest plot.
Grasmere, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Nov 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Grasmere, Newark within a radius of 3.2 kilometres over the last 2 years.
The most recent example is Nanquidno, Back Lane, Newark, NG22 0DJ, a freehold house which sold for £452,500 on the 14th July 2022.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Back Lane, Eakring, Newark, NG22 has a total of 20 addresses. According to our analysis of all the public data, Grasmere, Newark is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £205k more expensive than the average property in NG22.
The closest station to Grasmere, Newark is Rolleston station which is 11.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Grasmere, Newark, 49.0% of property is privately owned outright and 32.8% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Grasmere, Newark, 13.6% of residents are recorded as possessing school level qualifications and 40.4% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Grasmere, Newark, the average age was 45.1 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Grasmere, Newark, 1.1% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Grasmere, Newark, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
