According to the public record, Two Steps, Newark is a mid-century freehold house and with 1,044 ft2 of internal area and sits on a 963 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Trent Lane, Besthorpe, Newark, NG23 is located in the borough of Newark and Sherwood within the NG23 postal district.
Two Steps, Newark has 21 entries in the Land Registry database, most recently in June 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 Two Steps Newark as £365,628 and the rental value as £1,243 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of Two Steps Newark has increased by £13,102 (3.6%) and its rental value has increased by £51 per month (4.1%).
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 Two Steps, Newark is in very good condition we estimate a sale value of £383,909 and rental value of £1,305 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £340,034 and a rental value of £1,156 per month.
If you were able to purchase this property for the estimated value of £365,628, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,797 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, Two Steps, Newark sits on a plot of 963m2.
We have plot size data on 6 out of 8 other houses in the postcode and Two Steps, Newark sits on the 3rd largest plot.
According to HM Land Registry, Two Steps, Newark was last sold on 14 Jun 2013 for £150,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2013, the market for similar properties has risen 59.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Two Steps, Newark within a radius of 331m over the last 2 years.
The most recent example is Cedar Tree Cottage, Main Road, Newark, NG23 7HR, a Freehold house which sold for £270,000 in Sep 2023.
Read more about house prices in NG23.
Trent Lane, Besthorpe, Newark, NG23 has a total of 8 addresses. According to our analysis of all the public data, Two Steps, Newark is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in NG23.
Two Steps, Newark has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 07 Feb 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an LPG fired boiler and radiators.
The closest station to Two Steps, Newark is Collingham station which is 3.3 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 Two Steps, Newark, 50.6% of property is privately owned outright and 33.7% 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 Two Steps, Newark, 19.3% of residents are recorded as possessing school level qualifications and 34.9% 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 Two Steps, Newark, the average age was 48.6 and the most common age was 72.
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 Two Steps, Newark, 3.8% 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 Two Steps, Newark, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.