Westlea, Newark
Westlea, Newark
Description & Estimates
Public records show Westlea, Newark to be a period freehold house with 2,594 ft2 of internal area, sitting on a 1,731 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
Westlea, Newark has an estimated sale value of £663,028 and an estimated rental value of £2,617 per month, assuming reasonable condition and based on the information available.
Town End, Laxton, Newark, NG22 lies in the borough of Newark and Sherwood, within the NG22 postal district.
Our Data Sources
Westlea, Newark has a single entry in the Land Registry from November 2010 and a single entry in the EPC database dated May 2010.
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.
Price Range & Condition
In very good condition, we estimate Westlea, Newark would be worth £696,179, with a potential rental value of £2,748 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £616,616, with a rental value of £2,434 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 Westlea, Newark has dropped by £12,424 (1.9%) over the last year. During the same period, its estimated monthly rental value has risen by £22 (0.8%). The property's estimated gross yield is currently 4.7%.
Plot Size
Westlea, Newark occupies a 1,731 m2 plot as recorded by HM Land Registry.
Of the 9 other houses in this postcode, 4 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
Westlea, Newark has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 21 May 2010.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, oil.
Sold Prices
Westlea, Newark last changed hands on 4th November 2010, selling for £350,000. 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 47.3% since November 2010.
- Sold Nov 2010£350,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.6 kilometres of Westlea, Newark across the last 2 years.
Most recently, Toad Cottage, Town End, Newark, NG22 0SY, a freehold house, sold at £620,000 on the 17th September 2021.
Read more about house prices in NG22.
- Sold Sep 2021£620,000 | 5 Bed HouseToad Cottage, Town End, Newark, NG22 0SYToad Cottage, Town End, Newark, NG22 0SY
- Sold Jun 2021£1,365,000 | 5 Bed HouseThe Old Vicarage, High Street, Newark, NG22 0NXThe Old Vicarage, High Street, Newark, NG22 0NX
- Sold Mar 2021£540,000 | 5 Bed HouseThe Conifers, Main Street, Newark, NG22 0NUThe Conifers, Main Street, Newark, NG22 0NU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Westlea, Newark as the largest and the most expensive of the 9 addresses on Town End, Laxton, Newark, NG22.
Against the NG22 postcode district average, it is £417k more expensive than the typical property.
More reading links
Schools Nearby
- 3.0kmKneesall CofE Primary Academy
- 4.2kmTuxford Primary Academy
- 4.6kmSt Joseph's Catholic Primary and Nursery School
- 5.0kmTuxford Academy
- 5.1kmThe Dukeries Academy
- 14.0kmRetford Oaks Academy
More reading links
Public Transport Nearby
Collingham station is the nearest stop to Westlea, Newark at 13.1 kilometres away.
- 13.1kmCollingham
- 13.3kmRetford
- 14.6kmRolleston
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.
