According to the public record, 8, Manor Close, Newark is a mid-century freehold house and with 871 ft2 of internal area and sits on a 252 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Manor Close, Walesby, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
8, Manor Close, Newark has 2 entries in the Land Registry database, most recently in June 2022 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 8 Manor Close Newark as £178,684 and the rental value as £898 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 8 Manor Close Newark has increased by £9,510 (5.3%) and its rental value has increased by £18 per month (2.1%).
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 8, Manor Close, Newark is in very good condition we estimate a sale value of £187,618 and rental value of £943 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,176 and a rental value of £835 per month.
If you were able to purchase this property for the estimated value of £178,684, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £878 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, 8, Manor Close, Newark sits on a plot of 252m2.
We have plot size data on 7 out of 36 other houses in the postcode and 8, Manor Close, Newark sits on the 6th largest plot.
According to HM Land Registry, 8, Manor Close, Newark was last sold on 29 Jun 2022 for £165,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2022, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Manor Close, Newark within a radius of 104m over the last 2 years.
The most recent example is 12, Manor Close, Newark, NG22 9NX, a Freehold house which sold for £172,000 in Apr 2022.
Read more about house prices in NG22.
Manor Close, Walesby, Newark, NG22 has a total of 36 addresses. According to our analysis of all the public data, 8, Manor Close, Newark is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in NG22.
8, Manor Close, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jul 2021.
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 8, Manor Close, Newark is Retford station which is 9.8 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 8, Manor Close, Newark, 44.0% of property is privately owned outright and 28.4% 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 8, Manor Close, Newark, 12.8% of residents are recorded as possessing school level qualifications and 27.4% 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 8, Manor Close, 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 8, Manor Close, 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 8, Manor Close, 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.