Nirvana, Newark
Nirvana, Newark
Description & Estimates
According to the public record, Nirvana, Newark is a mid-century house with 968 ft2 of internal area and sits on a 412 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Nirvana, Newark is £256,531 and the estimated rental value is £1,136 per month.
Maida Lane, Ollerton, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
Our Data Sources
Nirvana, Newark has no records in the the Land Registry and a single entry in the EPC database dated September 2018.
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.
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 Nirvana, Newark is in very good condition we estimate a sale value of £269,358 and a rental value of £1,193 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,574 and a rental value of £1,057 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Nirvana, Newark has fallen by £2,232 (0.9%), while its estimated rental value has moved up by £37 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 5.3%.
Plot Size
According to data from HM Land Registry, Nirvana, Newark sits on a plot of 412 m2.
We have plot size data on 14 out of 19 other houses in the postcode and Nirvana, Newark sits on the 10th largest plot.
Energy Efficiency
Nirvana, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Sep 2018.
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
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Nirvana, Newark within a radius of 970 metres over the last 2 years.
The most recent example is 6, Hereford Avenue, Newark, NG22 9AE, a freehold house which sold for £255,000 on the 14th May 2024.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Maida Lane, Ollerton, Newark, NG22 has a total of 19 addresses. According to our analysis of all the public data, Nirvana, Newark is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £10k more expensive than the average property in NG22.
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Schools Nearby
- 400mMaun Infant and Nursery School
- 400mThe Forest View Academy
- 1.3kmThe Parkgate Academy
- 1.4kmThe Dukeries Academy
- 8.6kmMeden School
- 8.9kmThe Garibaldi School
More reading links
Public Transport Nearby
The closest station to Nirvana, Newark is Shirebrook station, which is 12.2 kilometres away.
- 12.2kmShirebrook
- 12.9kmMansfield Woodhouse
- 13.1kmLangwith-Whaley Thorns
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
