According to the public record, 4, Pensom Court, Newark is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,388 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Pensom Court, Ollerton, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
4, Pensom Court, Newark has a single entry in the Land Registry database from August 2006 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 4 Pensom Court Newark as £311,476 and the rental value as £1,099 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 4 Pensom Court Newark has increased by £15,199 (4.9%) and its rental value has increased by £17 per month (1.6%).
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 4, Pensom Court, Newark is in very good condition we estimate a sale value of £327,049 and rental value of £1,154 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,672 and a rental value of £1,022 per month.
If you were able to purchase this property for the estimated value of £311,476, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,531 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, 4, Pensom Court, Newark was last sold on 25 Aug 2006 for £288,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Pensom Court, Newark within a radius of 553m over the last 2 years.
The most recent example is The Bassetts, Wellow Road, Newark, NG22 9AP, a Freehold house which sold for £297,500 in Jun 2023.
Read more about house prices in NG22.
Pensom Court, Ollerton, Newark, NG22 has a total of 5 addresses. According to our analysis of all the public data, 4, Pensom Court, Newark is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in NG22.
The closest station to 4, Pensom Court, Newark is Shirebrook station which is 12.1 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 4, Pensom Court, Newark, 56.3% of property is privately owned outright and 26.1% 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 4, Pensom Court, Newark, 11.2% of residents are recorded as possessing school level qualifications and 26.5% 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 4, Pensom Court, 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 4, Pensom Court, 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 4, Pensom Court, 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.