According to the public record, 39, Chestnut Drive, Newark is a mid-century house with 882 ft2 of internal area and sits on a 255 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chestnut Drive, New Ollerton, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
39, Chestnut Drive, Newark has no records in the Land Registry database and no records in the EPC database.
We combine this information with public data 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 39 Chestnut Drive Newark as £159,265 and the rental value as £799 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 39 Chestnut Drive Newark has increased by £9,296 (5.8%) and its rental value has increased by £21 per month (2.6%).
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 39, Chestnut Drive, Newark is in very good condition we estimate a sale value of £167,228 and rental value of £839 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £148,116 and a rental value of £743 per month.
If you were able to purchase this property for the estimated value of £159,265, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £783 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, 39, Chestnut Drive, Newark sits on a plot of 255m2.
We have plot size data on 45 out of 66 other houses in the postcode and 39, Chestnut Drive, Newark sits on the 21st largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Chestnut Drive, Newark within a radius of 135m over the last 2 years.
The most recent example is 28, Chestnut Drive, Newark, NG22 9SJ, a Freehold house which sold for £145,000 in Jan 2024.
Read more about house prices in NG22.
Chestnut Drive, New Ollerton, Newark, NG22 has a total of 66 addresses. According to our analysis of all the public data, 39, Chestnut Drive, Newark is the 41st largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in NG22.
39, Chestnut Drive, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jun 2014.
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 39, Chestnut Drive, Newark is Retford station which is 12.2 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 39, Chestnut Drive, Newark, 51.5% of property is privately owned with a mortgage and 22.0% is privately owned outright.
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 39, Chestnut Drive, Newark, 21.0% of residents are recorded as possessing school level qualifications and 21.4% 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 39, Chestnut Drive, Newark, the average age was 41.4 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 39, Chestnut Drive, 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 39, Chestnut Drive, Newark, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.