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According to the public record, Sumar, Newark is a mid-century freehold house with 1,194 ft2 of internal area and sits on a 654 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 Sumar, Newark is £339,231 and the estimated rental value is £1,099 per month.
Back Lane, Barnby, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
Sumar, Newark has 21 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 Sumar, Newark is in very good condition we estimate a sale value of £356,193 and a rental value of £1,154 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £315,485 and a rental value of £1,022 per month.
Over the last 12 months the sale value of Sumar Newark has decreased by an estimated £1,255 (0.4%) and its rental value has increased by an estimated £24 per month (2.2%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, Sumar, Newark sits on a plot of 654m2.
We have plot size data on 21 out of 29 other houses in the postcode and Sumar, Newark sits on the 6th largest plot.
Sumar, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
According to HM Land Registry, Sumar, Newark was last sold on 25th August 2022 for £320,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2022, the market for similar properties has dropped 17.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Sumar, Newark within a radius of 3.7 kilometres over the last 2 years.
The most recent example is Penny Patch, Back Lane, Newark, NG24 2SD, a freehold house which sold for £290,000 on the 30th August 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Back Lane, Barnby, Newark, NG24 has a total of 33 addresses. According to our analysis of all the public data, Sumar, Newark is the 13th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £127k more expensive than the average property in NG24.
The closest station to Sumar, Newark is Newark Northgate station which is 5.9 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Sumar, Newark, 61.7% of property is privately owned outright and 22.6% 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 Sumar, Newark, 7.9% of residents are recorded as possessing school level qualifications and 35.4% 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 Sumar, Newark, the average age was 48.6 and the most common age was 72.
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 Sumar, 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 Sumar, Newark, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
