According to the public record, 5, Petersmith Crescent, Newark is a mid-century house with 882 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Petersmith Crescent, New Ollerton, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
5, Petersmith Crescent, 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 5 Petersmith Crescent Newark as £146,261 and the rental value as £734 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 5 Petersmith Crescent Newark has increased by £8,537 (5.8%) and its rental value has increased by £19 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 5, Petersmith Crescent, Newark is in very good condition we estimate a sale value of £153,574 and rental value of £771 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,022 and a rental value of £682 per month.
If you were able to purchase this property for the estimated value of £146,261, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £719 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Petersmith Crescent, Newark within a radius of 88m over the last 2 years.
The most recent example is 35, Cedar Lane, Newark, NG22 9SH, a Freehold house which sold for £70,000 in Aug 2023.
Read more about house prices in NG22.
Petersmith Crescent, New Ollerton, Newark, NG22 has a total of 28 addresses. According to our analysis of all the public data, 5, Petersmith Crescent, Newark is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in NG22.
5, Petersmith Crescent, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jan 2015.
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 5, Petersmith Crescent, 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 5, Petersmith Crescent, Newark, 29.7% of property is privately owned outright and 27.1% 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 5, Petersmith Crescent, Newark, 17.7% of residents are recorded as possessing school level qualifications and 16.0% 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 5, Petersmith Crescent, 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 5, Petersmith Crescent, Newark, 1.7% 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 5, Petersmith Crescent, 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.