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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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According to the public record, 2, Bowbridge Road, Newark is a period house with 1,657 ft2 of internal area and sits on a 604 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 2, Bowbridge Road, Newark is £204,829 and the estimated rental value is £1,011 per month.
Bowbridge Road, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
2, Bowbridge Road, Newark has no records in the the Land Registry and a single entry in the EPC database dated December 2020.
We combine this information with public data 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 2, Bowbridge Road, Newark is in very good condition we estimate a sale value of £215,070 and a rental value of £1,061 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,491 and a rental value of £940 per month.
Over the last 12 months the sale value of 2 Bowbridge Road Newark has decreased by an estimated £758 (0.4%) and its rental value has increased by an estimated £22 per month (2.2%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 2, Bowbridge Road, Newark sits on a plot of 604m2.
We have plot size data on 25 out of 44 other houses in the postcode and 2, Bowbridge Road, Newark sits on the 3rd largest plot.
2, Bowbridge Road, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Bowbridge Road, Newark within a radius of 470 metres over the last 2 years.
The most recent example is 1A, Hatton Gardens, Newark, NG24 4BU, a freehold house which sold for £280,000 on the 27th August 2019.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bowbridge Road, Newark, NG24 has a total of 202 addresses. According to our analysis of all the public data, 2, Bowbridge Road, Newark is the 3rd largest and the 30th most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in NG24.
The closest station to 2, Bowbridge Road, Newark is Newark Castle station which is 1.3 kilometres 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, Bowbridge Road, Newark, 28.1% of property is privately rented and 24.0% is socially 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 2, Bowbridge Road, Newark, 12.6% of residents are recorded as possessing school level qualifications and 25.0% 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, Bowbridge Road, 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, Bowbridge Road, Newark, 1.8% 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, Bowbridge Road, 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.
