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According to the public record, 12, Preston Road, Newark is a modern freehold house with 1,454 ft2 of internal area and sits on a 281 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 12, Preston Road, Newark is £344,349 and the estimated rental value is £1,127 per month.
Preston Road, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
12, Preston Road, Newark has 31 entries in the Land Registry , most recently in October 2014 and a single entry in the EPC database dated January 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 12, Preston Road, Newark is in very good condition we estimate a sale value of £361,567 and a rental value of £1,183 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £320,245 and a rental value of £1,048 per month.
Over the last 12 months the sale value of 12 Preston Road Newark has decreased by an estimated £3,083 (0.9%) and its rental value has increased by an estimated £29 per month (2.6%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 12, Preston Road, Newark sits on a plot of 281m2.
We have plot size data on 12 out of 12 other houses in the postcode and 12, Preston Road, Newark sits on the 10th largest plot.
12, Preston Road, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jan 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 12, Preston Road, Newark was last sold on 3rd October 2014 for £212,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2014, the market for similar properties has risen 24.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Preston Road, Newark within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 1, Edgehill Drive, Newark, NG24 2GP, a freehold house which sold for £336,000 on the 12th September 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Road, Newark, NG24 has a total of 12 addresses. According to our analysis of all the public data, 12, Preston Road, Newark is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £133k more expensive than the average property in NG24.
The closest station to 12, Preston Road, Newark is Newark Northgate station which is 1.9 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 12, Preston Road, Newark, % of property is and % is .
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 12, Preston Road, Newark, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 12, Preston Road, 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 12, Preston Road, Newark, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
