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According to the public record, Old Downs, Newark is a modern freehold house with 1,227 ft2 of internal area and sits on a 833 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 Old Downs, Newark is £398,683 and the estimated rental value is £1,313 per month.
Main Street, Weston, Newark, NG23 is located in the borough of Newark and Sherwood within the NG23 postal district.
Old Downs, Newark has a single entry in the Land Registry from January 2015 and a single entry in the EPC database dated May 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Old Downs, Newark is in very good condition we estimate a sale value of £418,617 and a rental value of £1,378 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,775 and a rental value of £1,221 per month.
Over the past 12 months, the estimated sale value of Old Downs, Newark has dropped by £3,852 (1.0%), while its estimated rental value has risen by £30 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 4.0%.
According to data from HM Land Registry, Old Downs, Newark sits on a plot of 833 m2.
We have plot size data on 31 out of 38 other houses in the postcode and Old Downs, Newark sits on the 14th largest plot.
Old Downs, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Old Downs, Newark was last sold on 16th January 2015 for £246,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2015, the market for similar properties has risen by 60.7%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Old Downs, Newark within a radius of 4.5 kilometres over the last 2 years.
The most recent example is Pear Tree Cottage, Main Street, Newark, NG23 6ST, a freehold house which sold for £265,000 on the 30th August 2024.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Main Street, Weston, Newark, NG23 has a total of 38 addresses. According to our analysis of all the public data, Old Downs, Newark is the 27th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in NG23.
The closest station to Old Downs, Newark is Collingham station, which is 9.0 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Old Downs, Newark, 51.8% of property is privately owned outright and 32.7% 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 Old Downs, Newark, 10.7% of residents are recorded as possessing school level qualifications and 32.9% 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 Old Downs, 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 Old Downs, Newark, 0.8% 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 Old Downs, Newark, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
