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According to the public record, The Cottage, Newark is a period freehold house with 731 ft2 of internal area and sits on a 3,377 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 The Cottage, Newark is £184,248 and the estimated rental value is £1,065 per month.
Low Marnham, Newark, NG23 is located in the borough of Bassetlaw within the NG23 postal district.
The Cottage, Newark has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated November 2022.
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 The Cottage, Newark is in very good condition we estimate a sale value of £193,461 and a rental value of £1,118 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,351 and a rental value of £990 per month.
Over the last 12 months the sale value of The Cottage Newark has decreased by an estimated £1,780 (1.0%) and its rental value has increased by an estimated £24 per month (2.3%), giving an expected gross yield of 6.9%.
According to data from HM Land Registry, The Cottage, Newark sits on a plot of 3377m2.
We have plot size data on 3 out of 11 other houses in the postcode and The Cottage, Newark sits on the largest plot.
The Cottage, Newark has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 02 Nov 2022.
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, The Cottage, Newark was last sold on 22nd December 2022 for £185,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Cottage, Newark within a radius of 5.2 kilometres over the last 2 years.
The most recent example is Kalithea, Trent Lane, Newark, NG23 7AE, a freehold house which sold for £159,500 on the 21st January 2022.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Low Marnham, Newark, NG23 has a total of 17 addresses. According to our analysis of all the public data, The Cottage, Newark is the 15th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £185k less expensive than the average property in NG23.
The closest station to The Cottage, Newark is Swinderby station which is 8.0 kilometres away.
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 The Cottage, Newark, 44.1% of property is privately owned outright and 33.9% is privately rented.
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 The Cottage, Newark, 13.0% of residents are recorded as possessing school level qualifications and 20.2% 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 The Cottage, Newark, the average age was 46.1 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 The Cottage, Newark, 0.0% 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 The Cottage, 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.
