Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
1, The Avenue, Newark is recorded publicly as a period freehold house across 1,550 ft2 of internal area, sitting on a 770 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, The Avenue, Newark is £413,777 and its rental estimate is £1,094 per month, given the available information and assuming reasonable condition.
The Avenue, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
1, The Avenue, Newark has 31 entries in the Land Registry , most recently in July 2017 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, The Avenue, Newark, we estimate a market value of £434,465 and a rental value of £1,149 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £384,812 and £1,017 per month respectively.
Over the last year, 1, The Avenue, Newark has seen its estimated sale value move down by £3,704 (0.9%) and its estimated rental value increase by £29 per month (2.6%). This results in an estimated gross rental yield of 3.2%.
HM Land Registry records the plot of land for 1, The Avenue, Newark as measuring 770 m2.
That makes it the 3rd largest plot in the postcode, where 5 of the 14 other houses have recorded plot data.
1, The Avenue, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Mar 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 1, The Avenue, Newark completed on 27th July 2017 at £395,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 24.3% over the period since July 2017.
Over the past 2 years 3 properties similar to 1, The Avenue, Newark have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th January 2023, was 84, London Road, Newark, NG24 1SQ, a freehold house which sold for £450,000.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 14 addresses on The Avenue, Newark, NG24, 1, The Avenue, Newark comes out as the 11th largest and the 3rd most expensive in our analysis of the public data.
It is also £202k more expensive than the average property across the NG24 district.
From 1, The Avenue, Newark, the nearest station is Newark Northgate, 1.4 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, The Avenue, Newark, 43.1% of property is privately owned outright and 30.6% is privately 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, The Avenue, Newark, 18.2% of residents are recorded as possessing school level qualifications and 33.7% 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, The Avenue, Newark, the average age was 40.7 and the most common age was 32.
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, The Avenue, 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 1, The 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.
