According to the public record, The Barn, Newark is a modern freehold house and with 2,717 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Main Street, Eakring, Newark, NG22 is located in the borough of Newark and Sherwood within the NG22 postal district.
The Barn, Newark has a single entry in the Land Registry database from August 2013 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 The Barn Newark as £591,341 and the rental value as £2,012 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of The Barn Newark has increased by £21,005 (3.6%) and its rental value has increased by £30 per month (1.5%).
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 The Barn, Newark is in very good condition we estimate a sale value of £620,908 and rental value of £2,112 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £549,947 and a rental value of £1,871 per month.
If you were able to purchase this property for the estimated value of £591,341, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,906 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, The Barn, Newark was last sold on 16 Aug 2013 for £330,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2013, the market for similar properties has risen 51.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Barn, Newark within a radius of 343m over the last 2 years.
The most recent example is Bleak House, Kirklington Road, Newark, NG22 0DA, a Freehold house which sold for £650,000 in May 2015.
Read more about house prices in NG22.
Main Street, Eakring, Newark, NG22 has a total of 23 addresses. According to our analysis of all the public data, The Barn, Newark is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £333k more expensive than the average property in NG22.
The Barn, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Jun 2010.
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 The Barn, Newark is Rolleston station which is 11.7 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 The Barn, Newark, 49.0% of property is privately owned outright and 32.8% 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 The Barn, Newark, 13.6% of residents are recorded as possessing school level qualifications and 40.4% 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 The Barn, Newark, the average age was 45.1 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 The Barn, Newark, 1.1% 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 The Barn, Newark, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.