The Trees, Newark
The Trees, Newark
Description & Estimates
The Trees, Newark is recorded publicly as a mid-century freehold house across 850 ft2 of internal area, sitting on a 458 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of The Trees, Newark is £251,571 and its rental estimate is £1,227 per month, given the available information and assuming reasonable condition.
Main Street, Bathley, Newark, NG23 falls within the NG23 postal district, in the borough of Newark and Sherwood.
Our Data Sources
The Trees, Newark has 51 entries in the Land Registry , most recently in July 2017 and a single entry in the EPC database dated September 2015.
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 Trees, Newark, we estimate a market value of £264,149 and a rental value of £1,288 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £233,961 and £1,141 per month respectively.
Recent Market Change
Over the last year, The Trees, Newark has seen its estimated sale value move down by £2,431 (1.0%) and its estimated rental value increase by £28 per month (2.3%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for The Trees, Newark as measuring 458 m2.
That makes it the 19th largest plot in the postcode, where 23 of the 30 other houses have recorded plot data.
Energy Efficiency
The Trees, Newark has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 29 Sep 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG, Electric underfloor heating.
Sold Prices
The most recent sale of The Trees, Newark completed on 3rd July 2017 at £232,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 32.5% over the period since July 2017.
- Sold Jul 2017£232,000
- Sold Sep 2006£175,000
- Sold Sep 1999£67,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to The Trees, Newark have sold within a radius of 4.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th March 2022, was Sandraken, Muskham Lane, Newark, NG23 6DB, a freehold house which sold for £260,000.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 62 addresses on Main Street, Bathley, Newark, NG23, The Trees, Newark comes out as the 55th largest and the 56th most expensive in our analysis of the public data.
It is also £118k less expensive than the average property across the NG23 district.
More reading links
Schools Nearby
- 1.8kmMuskham Primary School
- 2.9kmNorwell CofE Primary School
- 3.8kmCaunton Dean Hole CofE Primary School
- 6.3kmMagnus Church of England Academy
- 7.3kmThe Newark Academy
- 9.7kmThe Suthers School
More reading links
Public Transport Nearby
From The Trees, Newark, the nearest station is Newark Castle, 4.8 kilometres away.
- 4.8kmNewark Castle
- 5.0kmNewark Northgate
- 6.4kmCollingham
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.
