11, Gibson Crescent
11, Gibson Crescent
Description & Estimates
11, Gibson Crescent, Newark is described in the public record as a mid-century house with 516 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 11, Gibson Crescent, Newark is £116,805 and its rental estimate is £679 per month, given the available information and assuming reasonable condition.
Gibson Crescent, Balderton, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
11, Gibson Crescent, Newark has no records in the the Land Registry and a single entry in the EPC database dated June 2014.
We combine this information with public data 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.
Price Range & Condition
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 11, Gibson Crescent, Newark, we estimate a market value of £122,645 and a rental value of £713 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £108,629 and £632 per month respectively.
Recent Market Change
Over the last year, 11, Gibson Crescent, Newark has seen its estimated sale value drop by £1,841 (1.6%) and its estimated rental value rise by £13 per month (1.9%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
11, Gibson Crescent, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 11, Gibson Crescent, Newark have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th July 2023, was 3, Pinfold Lane, Newark, NG24 3LP, a freehold house which sold for £252,500.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 29 addresses on Gibson Crescent, Balderton, Newark, NG24, 11, Gibson Crescent, Newark comes out as the 28th largest and the 23rd most expensive in our analysis of the public data.
It is also £95k less expensive than the average property across the NG24 district.
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Schools Nearby
- 600mJohn Hunt Academy
- 900mChuter Ede Primary School
- 1.5kmThe Sir Donald Bailey Academy
- 1.0kmThe Newark Academy
- 1.6kmThe Suthers School
- 1.8kmMagnus Church of England Academy
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Public Transport Nearby
From 11, Gibson Crescent, Newark, the nearest station is Newark Northgate, 3.2 kilometres away.
- 3.2kmNewark Northgate
- 3.3kmNewark Castle
- 7.5kmRolleston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
