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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
The public record describes 1, Addison Avenue, Newark as a modern house with 731 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
1, Addison Avenue, Newark has an estimated sale value of £150,147 and an estimated rental value of £844 per month, assuming reasonable condition and based on the information available.
Addison Avenue, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
1, Addison Avenue, Newark has no records in the the Land Registry and a single entry in the EPC database dated January 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate 1, Addison Avenue, Newark would be worth £157,654, with a potential rental value of £887 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £139,636, with a rental value of £785 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 1, Addison Avenue, Newark has moved down by £1,810 (1.2%) over the last year. During the same period, its estimated monthly rental value has increased by £19 (2.3%). The property's estimated gross yield is currently 6.7%.
1, Addison Avenue, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 520 metres of 1, Addison Avenue, Newark across the last 2 years.
Most recently, 36, Cranmer Road, Newark, NG24 4ET, a freehold house, sold at £175,000 on the 22nd November 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 1, Addison Avenue, Newark as the 2nd largest and the 3rd most expensive of the 7 addresses on Addison Avenue, Newark, NG24.
Against the NG24 postcode district average, it is £62k less expensive than the typical property.
Newark Castle station is the nearest stop to 1, Addison Avenue, Newark at 1.9 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Addison Avenue, Newark, 43.7% of property is privately owned with a mortgage and 25.4% is socially rented.
The graph below shows how this compares to East Midlands 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 1, Addison Avenue, Newark, 24.8% of residents are recorded as possessing school level qualifications and 19.0% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Addison Avenue, Newark, the average age was 42 and the most common age was 52.
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 1, Addison Avenue, 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 1, Addison Avenue, Newark, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
