According to the public record, Maybole, Newark is a mid-century freehold house and with 1,097 ft2 of internal area and sits on a 813 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wellow Road, Ollerton, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
Maybole, Newark has 21 entries in the Land Registry database, most recently in April 2017 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 Maybole Newark as £258,107 and the rental value as £1,013 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of Maybole Newark has increased by £13,716 (5.3%) and its rental value has increased by £20 per month (2.0%).
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 Maybole, Newark is in very good condition we estimate a sale value of £271,012 and rental value of £1,063 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,040 and a rental value of £942 per month.
If you were able to purchase this property for the estimated value of £258,107, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,269 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, Maybole, Newark sits on a plot of 813m2.
We have plot size data on 11 out of 17 other houses in the postcode and Maybole, Newark sits on the 7th largest plot.
According to HM Land Registry, Maybole, Newark was last sold on 13 Apr 2017 for £262,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2017, the market for similar properties has risen 46.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Maybole, Newark within a radius of 271m over the last 2 years.
The most recent example is Renric, Wellow Road, Newark, NG22 9BB, a Freehold house which sold for £230,000 in May 2024.
Read more about house prices in NG22.
Wellow Road, Ollerton, Newark, NG22 has a total of 57 addresses. According to our analysis of all the public data, Maybole, Newark is the 42nd largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £409 less expensive than the average property in NG22.
Maybole, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Oct 2016.
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 Maybole, Newark is Shirebrook station which is 12.4 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 Maybole, Newark, 69.9% of property is privately owned outright and 23.1% 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 Maybole, Newark, 10.3% of residents are recorded as possessing school level qualifications and 22.6% 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 Maybole, 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 Maybole, Newark, 1.0% 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 Maybole, 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.