Parkevale, Newark
Parkevale, Newark
Description & Estimates
The public record lists Parkevale, Newark as a freehold house sitting on a 2,526 m2 plot.
Comparison with its neighbours suggests a mid-century house with 1,488 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
Parkevale, Newark has an estimated sale value of £284,552 and an estimated rental value of £1,176 per month, assuming reasonable condition and based on the information available.
Kelham Lane, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
Our Data Sources
Parkevale, Newark has a single entry in the Land Registry from May 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Parkevale, Newark would be worth £298,780, with a potential rental value of £1,235 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £264,634, with a rental value of £1,094 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Parkevale, Newark has decreased by £2,547 (0.9%) over the last year. During the same period, its estimated monthly rental value has grown by £31 (2.6%). The property's estimated gross yield is currently 5.0%.
Plot Size
Parkevale, Newark occupies a 2,526 m2 plot as recorded by HM Land Registry.
Of the 13 other houses in this postcode, 9 have recorded plot sizes, and this one ranks as the largest.
Sold Prices
Parkevale, Newark last changed hands on 9th May 2013, selling for £205,000. 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 risen by 76.9% since May 2013.
- Sold May 2013£205,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.5 kilometres of Parkevale, Newark across the last 2 years.
Most recently, 42 River View, Trent Lane, Newark, NG24 1FR, a freehold house, sold at £247,500 on the 13th March 2026.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Parkevale, Newark as the 4th largest and the 4th most expensive of the 13 addresses on Kelham Lane, Newark, NG24.
Against the NG24 postcode district average, it is £73k more expensive than the typical property.
More reading links
Schools Nearby
- 1.5kmLovers Lane Primary and Nursery School
- 1.5kmMount CofE Primary School
- 1.8kmChrist Church C of E Primary School
- 2.6kmMagnus Church of England Academy
- 3.7kmThe Newark Academy
- 6.0kmThe Suthers School
More reading links
Public Transport Nearby
Newark Castle station is the nearest stop to Parkevale, Newark at 1.1 kilometres away.
- 1.1kmNewark Castle
- 1.6kmNewark Northgate
- 5.7kmRolleston
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a high risk of flooding.
