According to the public record, 16, Marnham Road, Newark is a modern freehold house and with 1,087 ft2 of internal area and sits on a 313 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Marnham Road, Tuxford, Newark, NG22 is located in the borough of Bassetlaw within the NG22 postal district.
16, Marnham Road, Newark has 41 entries in the Land Registry database, most recently in December 2020 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 16 Marnham Road Newark as £242,707 and the rental value as £981 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 16 Marnham Road Newark has increased by £12,453 (5.1%) and its rental value has increased by £29 per month (3.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 16, Marnham Road, Newark is in very good condition we estimate a sale value of £254,842 and rental value of £1,030 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,717 and a rental value of £913 per month.
If you were able to purchase this property for the estimated value of £242,707, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,193 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 16, Marnham Road, Newark sits on a plot of 313m2.
We have plot size data on 12 out of 21 other houses in the postcode and 16, Marnham Road, Newark sits on the 10th largest plot.
According to HM Land Registry, 16, Marnham Road, Newark was last sold on 17 Dec 2020 for £163,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Dec 2020, the market for similar properties has risen 21.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Marnham Road, Newark within a radius of 119m over the last 2 years.
The most recent example is 6, Marnham Road, Newark, NG22 0JH, a Freehold house which sold for £220,000 in Sep 2023.
Read more about house prices in NG22.
Marnham Road, Tuxford, Newark, NG22 has a total of 33 addresses. According to our analysis of all the public data, 16, Marnham Road, Newark is the 28th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £16k less expensive than the average property in NG22.
16, Marnham Road, Newark has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 15 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an dual fuel boiler (mineral and wood) and radiators.
The closest station to 16, Marnham Road, Newark is Retford station which is 10.1 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Marnham Road, Newark, 59.2% of property is privately owned outright and 28.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 16, Marnham Road, Newark, 16.0% of residents are recorded as possessing school level qualifications and 19.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, Marnham Road, Newark, the average age was 46.1 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 16, Marnham Road, Newark, 0.3% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 16, Marnham Road, Newark, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.