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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Newark is a period freehold house with 1,937 ft2 of internal area and sits on a 1,695 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 Newark is £544,378 and the estimated rental value is £1,249 per month.
Umberleigh, EX37 is located in the borough of North Devon within the EX37 postal district.
Newark has 41 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated August 2018.
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.
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 Newark is in very good condition we estimate a sale value of £571,597 and a rental value of £1,311 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £506,272 and a rental value of £1,162 per month.
Over the last 12 months the sale value of Newark has decreased by an estimated £8,968 (1.6%) and its rental value has increased by an estimated £29 per month (2.3%), giving an expected gross yield of 2.8%.
According to data from HM Land Registry, Newark sits on a plot of 1695m2.
We have plot size data on 11 out of 15 other houses in the postcode and Newark sits on the largest plot.
Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Aug 2018.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Newark was last sold on 16th December 2020 for £495,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since December 2020, the market for similar properties has risen 3.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Newark within a radius of 6.7 kilometres over the last 2 years.
The most recent example is Southcott Brightley, Umberleigh, EX37 9AL, a freehold house which sold for £659,100 on the 22nd August 2023.
Read more about house prices in EX37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Umberleigh, EX37 has a total of 163 addresses. According to our analysis of all the public data, Newark is the 37th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £163k more expensive than the average property in EX37.
The closest station to Newark is Umberleigh station which is 500 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 Newark, 62.5% of property is privately owned outright and 25.8% is privately owned with a mortgage.
The graph below shows how this compares to South West 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 Newark, 16.9% of residents are recorded as possessing school level qualifications and 28.5% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Newark, the average age was 45.2 and the most common age was 62.
The graph below shows how this compares to South West 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 Newark, 0.0% of property was a second home.
Comparison figures for South West 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 Newark, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.
