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Derwent Way

Derwent Way

Last update: Sep 2024

Street Overview

of Derwent Way

Derwent Way, Newark, NG24 is a residential street which is the 485th longest street in the NG24 area.

It contains 22 houses and the most common type of property is a mid-century house built between 1936 and 1979.

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Average property prices

in Derwent Way, Newark, NG24

The average house value is £181,596. Sales values have increased in the last 12 months by 3.2% and Rental values have increased by 2.2%.

Property sale values range from £158,093 for a freehold house, with 2 bedrooms split across 570 square feet of gross internal area and has a garden to £219,329 for a freehold house, with 3 bedrooms split across 1,002 square feet of gross internal area and has a garden.

Average £/ft2 for properties in Derwent Way, Newark, NG24 is £252/ft2.

Properties achieve a rental yield of between 5.4% and 5.7%, and rental values range from £749 to £987 per month.

Sale value change
12 months
3.2%
Rental value change
12 months
2.2%
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Recent sales

within Derwent Way, Newark, NG24

The last sale was 31 May 2023 for £185,000 and since then the market in the area as increased by 3%. The street has had a total of 4 sales since 1995.

Derwent Way, Newark, NG24 has seen 2 sales in the last three years and no sales in the last twelve months.

£185,000
May-2023
Sold
£160,000
Nov-2021
Sold
£160,000
Sep-2018
Sold
£114,000
May-2012
Sold
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Nearby Streets

to Derwent Way, Newark, NG24

Derwent Way, Newark, NG24 is the 485th largest and the 351st most expensive street in the NG24 area.

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Postcodes

on Derwent Way, Newark, NG24

There is 1 postcode on Derwent Way, Newark, NG24.

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Property types

in Derwent Way, Newark, NG24

Derwent Way, Newark, NG24 is a residential street located in NG24 containing 22 houses .

The most common property type on Derwent Way, Newark, NG24 is a mid-century house built between 1936 and 1979.

mid-century house (21)
modern house (1)
Energy Efficiency

Energy Efficiency

of properties within Derwent Way, Newark, NG24

The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.

A (1)
E (0)
B (1)
F (0)
C (3)
G (0)
D (3)
No EPC (14)
Schools nearby

Schools nearby

to Derwent Way, Newark, NG24

The nearest primary school to Derwent Way, Newark, NG24 is Lovers Lane Primary and Nursery School which is 600 m away and is rated RequiresImprovement by Ofsted.
600 m
Lovers Lane Primary and Nursery School
Requires improvement
1.2 km
Barnby Road Academy Primary and Nursery school
Good
1.2 km
Bishop Alexander L.E.A.D. Academy
Good
The nearest secondary school is Magnus Church of England Academy which is 1.6 km away and is rated Good by Ofsted.
1.6 km
Magnus Church of England Academy
Good
2.3 km
The Newark Academy
Good
4.7 km
The Suthers School
Good
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to Derwent Way, Newark, NG24

The closest station to Derwent Way, Newark, NG24 is Newark Northgate station which is 300 m away.

300 m
Newark Northgate
1.2 km
Newark Castle
7.2 km
Rolleston


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