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Bricks&Logic is a trading name of Urban Markets Ltd
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According to the public record, 17, Loom Gardens, Newark is a modern freehold house with 2,238 ft2 of internal area and sits on a 447 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 17, Loom Gardens, Newark is £415,462 and the estimated rental value is £1,481 per month.
Loom Gardens, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
17, Loom Gardens, Newark has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated March 2022.
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 17, Loom Gardens, Newark is in very good condition we estimate a sale value of £436,235 and a rental value of £1,555 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £386,379 and a rental value of £1,378 per month.
Over the past 12 months, the estimated sale value of 17, Loom Gardens, Newark has dropped by £5,199 (1.3%), while its estimated rental value has risen by £33 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 4.3%.
According to data from HM Land Registry, 17, Loom Gardens, Newark sits on a plot of 447 m2.
We have plot size data on 11 out of 15 other houses in the postcode and 17, Loom Gardens, Newark sits on the 3rd largest plot.
17, Loom Gardens, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 17, Loom Gardens, Newark was last sold on 30th March 2022 for £459,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2022, the market for similar properties has dropped by 1.5%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Loom Gardens, Newark within a radius of 940 metres over the last 2 years.
The most recent example is 11, Threadneedle Way, Newark, NG24 3WP, a freehold house which sold for £409,995 on the 28th September 2023.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Loom Gardens, Newark, NG24 has a total of 15 addresses. According to our analysis of all the public data, 17, Loom Gardens, Newark is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £204k more expensive than the average property in NG24.
The closest station to 17, Loom Gardens, Newark is Newark Castle station, which is 3.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 17, Loom Gardens, 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 17, Loom Gardens, 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 17, Loom Gardens, 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 17, Loom Gardens, 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.
