The Mill, Newark
The Mill, Newark
Description & Estimates
The Mill, Newark is recorded publicly as a modern freehold house across 2,144 ft2 of internal area, sitting on a 929 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of The Mill, Newark is £553,093 and its rental estimate is £2,183 per month, given the available information and assuming reasonable condition.
Mansfield Road, Edingley, Newark, NG22 falls within the NG22 postal district, in the borough of Newark and Sherwood.
Our Data Sources
The Mill, Newark has a single entry in the Land Registry from September 2011 and a single entry in the EPC database dated May 2011.
We combine this information with that 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For The Mill, Newark, we estimate a market value of £580,747 and a rental value of £2,292 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £514,376 and £2,030 per month respectively.
Recent Market Change
Over the last year, The Mill, Newark has seen its estimated sale value fall by £10,364 (1.9%) and its estimated rental value move up by £18 per month (0.8%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for The Mill, Newark as measuring 929 m2.
That makes it the 14th largest plot in the postcode, where 18 of the 20 other houses have recorded plot data.
Energy Efficiency
The Mill, Newark has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 07 May 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Sold Prices
The most recent sale of The Mill, Newark completed on 30th September 2011 at £424,999 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 16.2% over the period since September 2011.
- Sold Sep 2011£424,999
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to The Mill, Newark have sold within a radius of 3.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th November 2023, was 28, Esam Close, Newark, NG22 8FF, a freehold house which sold for £550,000.
Read more about house prices in NG22.
- Sold Nov 2023£550,000 | 5 Bed House28, Esam Close, Newark, NG22 8FF28, Esam Close, Newark, NG22 8FF
- Sold Jan 2021£495,000 | 4 Bed HouseBeck House, Main Street, Newark, NG22 8BEBeck House, Main Street, Newark, NG22 8BE
- Sold Dec 2018£490,000 | 5 Bed House35, Esam Close, Newark, NG22 8FF35, Esam Close, Newark, NG22 8FF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 21 addresses on Mansfield Road, Edingley, Newark, NG22, The Mill, Newark comes out as the 12th largest and the 12th most expensive in our analysis of the public data.
It is also £307k more expensive than the average property across the NG22 district.
More reading links
Schools Nearby
- 1.6kmFarnsfield St Michael's Church of England Primary School
- 2.1kmKirklington Primary School
- 2.2kmHalam Church of England Primary School
- 7.5kmThe Joseph Whitaker School
- 7.9kmColonel Frank Seely Academy
- 10.7kmThe Garibaldi School
More reading links
Public Transport Nearby
From The Mill, Newark, the nearest station is Bleasby, 7.7 kilometres away.
- 7.7kmBleasby
- 7.9kmFiskerton
- 8.3kmThurgarton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
