According to the public record, 35, Maypole Road, Newark is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 539 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Maypole Road, Wellow, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
35, Maypole Road, Newark has a single entry in the Land Registry database from March 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 35 Maypole Road Newark as £80,872 and the rental value as £500 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 35 Maypole Road Newark has increased by £4,356 (5.4%) and its rental value has increased by £14 per month (2.8%).
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 35, Maypole Road, Newark is in very good condition we estimate a sale value of £84,916 and rental value of £525 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £75,211 and a rental value of £465 per month.
If you were able to purchase this property for the estimated value of £80,872, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £397 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 HM Land Registry, 35, Maypole Road, Newark was last sold on 15 Mar 2013 for £58,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2013, the market for similar properties has risen 54.3%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 35, Maypole Road, Newark within a radius of 2.2km over the last 2 years.
The most recent example is 2, Markeden Court, Newark, NG22 9BQ, a Leasehold flat which sold for £55,000 in Dec 2009.
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, 35, Maypole Road, Newark is the 42nd largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in NG22.
The closest station to 35, 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 35, 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 35, 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 35, 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 35, 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 35, 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.