According to the public record, 4, Roewood Lane, Newark is a period freehold house and with 1,173 ft2 of internal area and sits on a 272 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Roewood Lane, Winkburn, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
4, Roewood Lane, Newark has 51 entries in the Land Registry database, most recently in July 2019 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 4 Roewood Lane Newark as £386,294 and the rental value as £1,331 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 4 Roewood Lane Newark has increased by £16,976 (4.4%) and its rental value has increased by £24 per month (1.8%).
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 4, Roewood Lane, Newark is in very good condition we estimate a sale value of £405,609 and rental value of £1,398 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,254 and a rental value of £1,238 per month.
If you were able to purchase this property for the estimated value of £386,294, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,899 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, 4, Roewood Lane, Newark sits on a plot of 272m2.
We have plot size data on 4 out of 11 other houses in the postcode and 4, Roewood Lane, Newark sits on the 2nd largest plot.
According to HM Land Registry, 4, Roewood Lane, Newark was last sold on 26 Jul 2019 for £319,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Jul 2019, the market for similar properties has risen 27.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Roewood Lane, Newark within a radius of 4.3km over the last 2 years.
The most recent example is 1, Woodland Drive, Southwell, NG25 0DA, a Freehold house which sold for £415,000 in May 2024.
Read more about house prices in NG22.
Roewood Lane, Winkburn, Newark, NG22 has a total of 13 addresses. According to our analysis of all the public data, 4, Roewood Lane, Newark is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £128k more expensive than the average property in NG22.
4, Roewood Lane, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 May 2019.
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 4, Roewood Lane, Newark is Rolleston station which is 6.6 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, Roewood Lane, Newark, 45.7% of property is privately owned outright and 28.7% is privately 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 4, Roewood Lane, Newark, 22.9% of residents are recorded as possessing school level qualifications and 44.5% 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, Roewood Lane, 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 4, Roewood Lane, Newark, 0.8% 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, Roewood Lane, Newark, there are an average of 2.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.