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Public records show Green Acre, Newark to be a mid-century freehold house with 1,496 ft2 of internal area, sitting on a 877 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
Green Acre, Newark has an estimated sale value of £256,666 and an estimated rental value of £1,275 per month, assuming reasonable condition and based on the information available.
Eakring Road, Wellow, Newark, NG22 lies in the borough of Newark and Sherwood, within the NG22 postal district.
Green Acre, Newark has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated October 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.
In very good condition, we estimate Green Acre, Newark would be worth £269,499, with a potential rental value of £1,338 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £238,699, with a rental value of £1,185 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Green Acre, Newark has declined by £5,793 (2.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £22 (1.7%). The property's estimated gross yield is currently 6.0%.
Green Acre, Newark occupies a 877 m2 plot as recorded by HM Land Registry.
Of the 26 other houses in this postcode, 22 have recorded plot sizes, and this one ranks as the 6th largest.
Green Acre, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Oct 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Green Acre, Newark last changed hands on 23rd June 2023, selling for £250,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 25.7% since June 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.1 kilometres of Green Acre, Newark across the last 2 years.
Most recently, Kingfisher House, Cinder Lane, Newark, NG22 9AZ, a freehold house, sold at £225,000 on the 29th November 2024.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Green Acre, Newark as the 12th largest and the 19th most expensive of the 48 addresses on Eakring Road, Wellow, Newark, NG22.
Against the NG22 postcode district average, it is £11k more expensive than the typical property.
Mansfield Woodhouse station is the nearest stop to Green Acre, Newark at 13.6 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Green Acre, Newark, 60.8% of property is privately owned outright and 25.8% 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 Green Acre, Newark, 7.2% of residents are recorded as possessing school level qualifications and 39.1% 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 Green Acre, Newark, the average age was 48.3 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 Green Acre, Newark, 0.4% 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 Green Acre, 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.
