According to the public record, 16, New Hill, Newark is a mid-century freehold house and with 1,162 ft2 of internal area and sits on a 590 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
New Hill, Walesby, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
16, New Hill, Newark has a single entry in the Land Registry database from September 2022 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 New Hill Newark as £307,999 and the rental value as £1,064 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 16 New Hill Newark has increased by £14,713 (4.8%) and its rental value has increased by £16 per month (1.5%).
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, New Hill, Newark is in very good condition we estimate a sale value of £323,399 and rental value of £1,117 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,439 and a rental value of £989 per month.
If you were able to purchase this property for the estimated value of £307,999, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,514 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, New Hill, Newark sits on a plot of 590m2.
We have plot size data on 27 out of 52 other houses in the postcode and 16, New Hill, Newark sits on the 18th largest plot.
According to HM Land Registry, 16, New Hill, Newark was last sold on 16 Sep 2022 for £191,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2022, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, New Hill, Newark within a radius of 83m over the last 2 years.
The most recent example is 4, Forestry Houses, Newark, NG22 9PD, a Freehold house which sold for £275,000 in Mar 2024.
Read more about house prices in NG22.
New Hill, Walesby, Newark, NG22 has a total of 52 addresses. According to our analysis of all the public data, 16, New Hill, Newark is the 36th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £49k more expensive than the average property in NG22.
16, New Hill, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 16, New Hill, Newark is Retford station which is 9.7 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, New Hill, Newark, 44.0% of property is privately owned outright and 28.4% 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, New Hill, Newark, 12.8% of residents are recorded as possessing school level qualifications and 27.4% 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, New Hill, Newark, the average age was 48.3 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, New Hill, Newark, 0.0% 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, New Hill, Newark, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.