14, Jericho Road
14, Jericho Road
Description & Estimates
14, Jericho Road, Newark is recorded publicly as a modern freehold house across 1,076 ft2 of internal area, sitting on a 271 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 14, Jericho Road, Newark is £243,961 and its rental estimate is £1,043 per month, given the available information and assuming reasonable condition.
Jericho Road, Balderton, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
14, Jericho Road, Newark has 21 entries in the Land Registry , most recently in May 2016 and a single entry in the EPC database dated February 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 14, Jericho Road, Newark, we estimate a market value of £256,159 and a rental value of £1,095 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £226,884 and £970 per month respectively.
Recent Market Change
Over the last year, 14, Jericho Road, Newark has seen its estimated sale value decrease by £2,941 (1.2%) and its estimated rental value grow by £24 per month (2.3%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 14, Jericho Road, Newark as measuring 271 m2.
That makes it the 17th largest plot in the postcode, where all 43 other houses have recorded plot data.
Energy Efficiency
14, Jericho Road, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Feb 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 14, Jericho Road, Newark completed on 6th May 2016 at £180,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 25.8% over the period since May 2016.
- Sold May 2016£180,000
- Sold Jul 2000£79,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 14, Jericho Road, Newark have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th April 2024, was 30, Jericho Road, Newark, NG24 3GT, a freehold house which sold for £210,000.
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 43 addresses on Jericho Road, Balderton, Newark, NG24, 14, Jericho Road, Newark comes out as the 18th largest and the 20th most expensive in our analysis of the public data.
It is also £32k more expensive than the average property across the NG24 district.
More reading links
Schools Nearby
- 900mChuter Ede Primary School
- 1.1kmJohn Hunt Academy
- 2.1kmThe Sir Donald Bailey Academy
- 1.0kmThe Suthers School
- 1.5kmThe Newark Academy
- 2.5kmMagnus Church of England Academy
More reading links
Public Transport Nearby
From 14, Jericho Road, Newark, the nearest station is Newark Northgate, 3.8 kilometres away.
- 3.8kmNewark Northgate
- 4.0kmNewark Castle
- 7.9kmRolleston
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated high, based on Environment Agency data.
