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156, Yorke Drive, Newark is described in the public record as a mid-century apartment with 904 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 156, Yorke Drive, Newark is £66,518 and its rental estimate is £429 per month, given the available information and assuming reasonable condition.
Yorke Drive, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
156, Yorke Drive, Newark has no records in the the Land Registry and a single entry in the EPC database dated February 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.
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 156, Yorke Drive, Newark, we estimate a market value of £69,843 and a rental value of £451 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £61,861 and £399 per month respectively.
Over the last year, 156, Yorke Drive, Newark has seen its estimated sale value decline by £148 (0.2%) and its estimated rental value climb by £14 per month (3.3%). This results in an estimated gross rental yield of 7.7%.
156, Yorke Drive, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Feb 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties have sold within 740 metres of 156, Yorke Drive, Newark, per the Land Registry and our network of Estate Agents.
The latest, on the 30th July 2021, was 54, Yorke Drive, Newark, NG24 2HQ, a freehold house which sold for £130,000.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 222 addresses on Yorke Drive, Newark, NG24, 156, Yorke Drive, Newark comes out as the 47th largest and the 192nd most expensive in our analysis of the public data.
It is also £145k less expensive than the average property across the NG24 district.
From 156, Yorke Drive, Newark, the nearest station is Newark Northgate, 600 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 156, Yorke Drive, Newark, 45.5% of property is socially rented and 32.0% 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 156, Yorke Drive, Newark, 22.4% of residents are recorded as possessing school level qualifications and 15.9% 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 156, Yorke Drive, 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 156, Yorke Drive, 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 156, Yorke Drive, Newark, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.