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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 118, North Gate, Newark is a period freehold house with 1,132 ft2 of internal area and sits on a 185 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 118, North Gate, Newark is £155,541 and the estimated rental value is £876 per month.
North Gate, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
118, North Gate, Newark has 21 entries in the Land Registry , most recently in June 2020 and a single entry in the EPC database dated July 2011.
We combine this information with that 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.
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 118, North Gate, Newark is in very good condition we estimate a sale value of £163,318 and a rental value of £920 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,653 and a rental value of £814 per month.
Over the last 12 months the sale value of 118 North Gate Newark has decreased by an estimated £1,392 (0.9%) and its rental value has increased by an estimated £23 per month (2.6%), giving an expected gross yield of 6.8%.
According to data from HM Land Registry, 118, North Gate, Newark sits on a plot of 185m2.
We have plot size data on 17 out of 25 other houses in the postcode and 118, North Gate, Newark sits on the 2nd largest plot.
118, North Gate, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jul 2011.
The property is connected to mains gas and has mostly secondary glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 118, North Gate, Newark was last sold on 26th June 2020 for £155,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2020, the market for similar properties has risen 28.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 118, North Gate, Newark within a radius of 620 metres over the last 2 years.
The most recent example is 23A, Lovers Lane, Newark, NG24 1HZ, a freehold house which sold for £170,000 on the 15th March 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Gate, Newark, NG24 has a total of 158 addresses. According to our analysis of all the public data, 118, North Gate, Newark is the 16th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in NG24.
The closest station to 118, North Gate, Newark is Newark Northgate station which is 300 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 118, North Gate, Newark, 51.2% of property is privately rented and 19.6% is privately owned with a mortgage.
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 118, North Gate, Newark, 13.5% of residents are recorded as possessing school level qualifications and 20.7% 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 118, North Gate, Newark, the average age was 39.6 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 118, North Gate, 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 118, North Gate, Newark, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
