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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
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The public record describes 11, The Park, Newark as a period apartment with 1,022 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
11, The Park, Newark has an estimated sale value of £197,864 and an estimated rental value of £824 per month, assuming reasonable condition and based on the information available.
The apartment sits within 11, The Park, Newark, NG24.
The Park, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
11, The Park, Newark has no records in the the Land Registry and a single entry in the EPC database dated February 2020.
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.
In very good condition, we estimate 11, The Park, Newark would be worth £207,757, with a potential rental value of £865 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £184,013, with a rental value of £767 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 11, The Park, Newark has grown by £270 (0.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £30 (3.6%). The property's estimated gross yield is currently 5.0%.
11, The Park, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Feb 2020.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 530 metres of 11, The Park, Newark across the last 2 years.
Most recently, 63B, London Road, Newark, NG24 1RZ, a leasehold flat, sold at £158,000 on the 17th July 2020.
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 11, The Park, Newark as the 32nd largest and the 34th most expensive of the 35 addresses on The Park, Newark, NG24.
Against the NG24 postcode district average, it is £14k less expensive than the typical property.
Newark Northgate station is the nearest stop to 11, The Park, Newark at 1.5 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 11, The Park, Newark, 28.8% of property is privately owned with a mortgage and 27.1% 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 11, The Park, Newark, 14.6% of residents are recorded as possessing school level qualifications and 30.0% 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 11, The Park, 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 11, The Park, Newark, 1.6% 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 11, The Park, Newark, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
