According to the public record, 23, Maypole Road, Newark is a mid-century freehold house and with 925 ft2 of internal area and sits on a 222 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Maypole Road, Wellow, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
23, Maypole Road, Newark has 2 entries in the Land Registry database, most recently in February 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 23 Maypole Road Newark as £186,747 and the rental value as £925 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 23 Maypole Road Newark has increased by £8,818 (4.7%) and its rental value has increased by £20 per month (2.1%).
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 23, Maypole Road, Newark is in very good condition we estimate a sale value of £196,084 and rental value of £971 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £173,675 and a rental value of £860 per month.
If you were able to purchase this property for the estimated value of £186,747, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £918 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, 23, Maypole Road, Newark sits on a plot of 222m2.
We have plot size data on 22 out of 35 other houses in the postcode and 23, Maypole Road, Newark sits on the 15th largest plot.
According to HM Land Registry, 23, Maypole Road, Newark was last sold on 16 Feb 2022 for £129,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2022, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Maypole Road, Newark within a radius of 117m over the last 2 years.
The most recent example is 1, Maypole Road, Newark, NG22 0EF, a Freehold house which sold for £144,000 in Apr 2021.
Read more about house prices in NG22.
Maypole Road, Wellow, Newark, NG22 has a total of 42 addresses. According to our analysis of all the public data, 23, Maypole Road, Newark is the 7th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in NG22.
23, Maypole Road, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Feb 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 23, Maypole Road, Newark is Mansfield Woodhouse station which is 13.7 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 23, Maypole Road, Newark, 41.9% of property is privately owned outright and 28.0% is socially rented.
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 23, Maypole Road, Newark, 13.2% of residents are recorded as possessing school level qualifications and 23.9% 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 23, Maypole Road, 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 23, Maypole Road, 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 23, Maypole Road, 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.