According to the public record, Manor Farm, Newark is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,930 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Main Street, Fenton, Newark, NG23 is located in the borough of South Kesteven within the NG23 postal district.
Manor Farm, Newark has a single entry in the Land Registry database from January 2009 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 Manor Farm Newark as £527,687 and the rental value as £2,048 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of Manor Farm Newark has increased by £11,602 (2.2%) and its rental value has increased by £30 per month (1.4%).
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 Manor Farm, Newark is in very good condition we estimate a sale value of £554,072 and rental value of £2,150 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £490,749 and a rental value of £1,905 per month.
If you were able to purchase this property for the estimated value of £527,687, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,593 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, Manor Farm, Newark was last sold on 27 Jan 2009 for £475,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2009, the market for similar properties has risen 69.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Manor Farm, Newark within a radius of 3.5km over the last 2 years.
The most recent example is 20, Barnby Lane, Newark, NG23 5BD, a Freehold house which sold for £710,000 in Jun 2021.
Read more about house prices in NG23.
Main Street, Fenton, Newark, NG23 has a total of 34 addresses. According to our analysis of all the public data, Manor Farm, Newark is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £158k more expensive than the average property in NG23.
The closest station to Manor Farm, Newark is Newark Northgate station which is 8.4 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 Manor Farm, Newark, 52.6% of property is privately owned outright and 30.1% 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 Manor Farm, Newark, 8.3% of residents are recorded as possessing school level qualifications and 39.1% 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 Manor Farm, Newark, the average age was 47 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 Manor Farm, Newark, 2.0% 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 Manor Farm, Newark, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.