25, Beacon Terrace
25, Beacon Terrace
Description & Estimates
25, Beacon Terrace, Newark is recorded publicly as a period freehold house across 441 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 25, Beacon Terrace, Newark is £111,322 and its rental estimate is £636 per month, given the available information and assuming reasonable condition.
Beacon Terrace, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
25, Beacon Terrace, Newark has 41 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated September 2020.
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 25, Beacon Terrace, Newark, we estimate a market value of £116,888 and a rental value of £668 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £103,530 and £591 per month respectively.
Recent Market Change
Over the last year, 25, Beacon Terrace, Newark has seen its estimated sale value decline by £1,755 (1.6%) and its estimated rental value climb by £12 per month (1.9%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
25, Beacon Terrace, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Sep 2020.
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 25, Beacon Terrace, Newark completed on 7th October 2024 at £122,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 2.1% over the period since October 2024.
- Sold Oct 2024£122,500
- Sold Dec 2020£98,000
- Sold Jul 2019£90,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 25, Beacon Terrace, Newark have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st June 2024, was 18, Sleaford Road, Newark, NG24 1NN, a freehold house which sold for £165,500.
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 14 addresses on Beacon Terrace, Newark, NG24, 25, Beacon Terrace, Newark comes out as the 14th largest and the 14th most expensive in our analysis of the public data.
It is also £101k less expensive than the average property across the NG24 district.
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Schools Nearby
- 300mMount CofE Primary School
- 400mLovers Lane Primary and Nursery School
- 800mBarnby Road Academy Primary and Nursery school
- 1.0kmMagnus Church of England Academy
- 2.0kmThe Newark Academy
- 4.4kmThe Suthers School
More reading links
Public Transport Nearby
From 25, Beacon Terrace, Newark, the nearest station is Newark Northgate, 500 metres away.
- 500mNewark Northgate
- 800mNewark Castle
- 6.6kmRolleston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
