The Old Smithy, Newark
The Old Smithy, Newark
Description & Estimates
The public record lists The Old Smithy, Newark as a freehold house.
Comparison with its neighbours suggests a period house with 534 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
The Old Smithy, Newark has an estimated sale value of £184,132 and an estimated rental value of £925 per month, assuming reasonable condition and based on the information available.
Darlton, Newark, NG22 lies in the borough of Bassetlaw, within the NG22 postal district.
Our Data Sources
The Old Smithy, Newark has a single entry in the Land Registry from February 2008 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate The Old Smithy, Newark would be worth £193,338, with a potential rental value of £971 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £171,242, with a rental value of £860 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 The Old Smithy, Newark has moved down by £1,602 (0.9%) over the last year. During the same period, its estimated monthly rental value has increased by £30 (3.2%). The property's estimated gross yield is currently 6.0%.
Sold Prices
The Old Smithy, Newark last changed hands on 1st February 2008, selling for £77,500. 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 63.8% since February 2008.
- Sold Feb 2008£77,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.5 kilometres of The Old Smithy, Newark across the last 2 years.
Most recently, 2 The Row, Town Street, Newark, NG22 0RS, a freehold house, sold at £95,000 on the 5th June 2023.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks The Old Smithy, Newark as the 25th largest and the 23rd most expensive of the 25 addresses on Darlton, Newark, NG22.
Against the NG22 postcode district average, it is £62k less expensive than the typical property.
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Schools Nearby
- 2.8kmDunham-on-Trent CofE Primary School
- 3.7kmEast Markham Primary School
- 4.6kmRampton Primary School
- 3.9kmTuxford Academy
- 10.9kmRetford Oaks Academy
- 11.4kmThe Elizabethan Academy
More reading links
Public Transport Nearby
Retford station is the nearest stop to The Old Smithy, Newark at 10.0 kilometres away.
- 10.0kmRetford
- 11.6kmSaxilby
- 13.0kmSwinderby
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 very low risk of flooding.
