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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 3, Long Lane, Newark to be a modern freehold house with 1,668 ft2 of internal area, sitting on a 425 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Long Lane, Newark has an estimated sale value of £327,621 and an estimated rental value of £1,194 per month, assuming reasonable condition and based on the information available.
Long Lane, Farndon, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
3, Long Lane, Newark has 31 entries in the Land Registry , most recently in January 2019 and a single entry in the EPC database dated September 2014.
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.
In very good condition, we estimate 3, Long Lane, Newark would be worth £344,002, with a potential rental value of £1,254 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £304,688, with a rental value of £1,110 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 3, Long Lane, Newark has dropped by £2,933 (0.9%) over the last year. During the same period, its estimated monthly rental value has risen by £31 (2.6%). The property's estimated gross yield is currently 4.4%.
3, Long Lane, Newark occupies a 425 m2 plot as recorded by HM Land Registry.
Of the 41 other houses in this postcode, 35 have recorded plot sizes, and this one ranks as the 27th largest.
3, Long Lane, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
3, Long Lane, Newark last changed hands on 18th January 2019, selling for £316,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 0.8% since January 2019.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.4 kilometres of 3, Long Lane, Newark across the last 2 years.
Most recently, 108, Fosse Road, Newark, NG24 3TJ, a freehold house, sold at £276,500 on the 7th June 2021.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 3, Long Lane, Newark as the 3rd largest and the 6th most expensive of the 44 addresses on Long Lane, Farndon, Newark, NG24.
Against the NG24 postcode district average, it is £116k more expensive than the typical property.
Newark Castle station is the nearest stop to 3, Long Lane, Newark at 2.7 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Long Lane, Newark, 41.8% of property is privately owned outright and 40.4% is privately owned with a mortgage.
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 3, Long Lane, Newark, 15.1% of residents are recorded as possessing school level qualifications and 28.1% 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 3, Long Lane, Newark, the average age was 43.6 and the most common age was 52.
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 3, Long Lane, 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 3, Long Lane, Newark, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
