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According to the public record, 2 The Friary, Appleton Gate, Newark is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 1,144 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 The Friary, Appleton Gate, Newark is £248,903 and the estimated rental value is £1,004 per month.
The apartment is within 2, Appleton Gate, Newark, NG24.
Appleton Gate, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
2 The Friary, Appleton Gate, Newark has a single entry in the Land Registry from November 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2 The Friary, Appleton Gate, Newark is in very good condition we estimate a sale value of £261,348 and a rental value of £1,054 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,480 and a rental value of £933 per month.
Over the last 12 months the sale value of 2 The Friary Appleton Gate Newark has decreased by an estimated £663 (0.3%) and its rental value has increased by an estimated £24 per month (2.4%), giving an expected gross yield of 4.8%.
According to HM Land Registry, 2 The Friary, Appleton Gate, Newark was last sold on 3rd November 2016 for £315,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2016, the market for similar properties has dropped 10.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 The Friary, Appleton Gate, Newark within a radius of 470 metres over the last 2 years.
The most recent example is 1 The Friary, Appleton Gate, Newark, NG24 1JY, a leasehold flat which sold for £440,000 on the 15th November 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Appleton Gate, Newark, NG24 has a total of 143 addresses. According to our analysis of all the public data, 2 The Friary, Appleton Gate, Newark is the 30th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £37k more expensive than the average property in NG24.
The closest station to 2 The Friary, Appleton Gate, Newark is Newark Castle station which is 600 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 2 The Friary, Appleton Gate, Newark, 56.9% of property is privately rented and 18.8% is privately owned outright.
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 2 The Friary, Appleton Gate, Newark, 6.2% of residents are recorded as possessing school level qualifications and 27.3% 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 2 The Friary, Appleton Gate, Newark, the average age was 40.7 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 2 The Friary, Appleton 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 2 The Friary, Appleton Gate, Newark, there are an average of 0.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
