34, Gainsborough Drive
34, Gainsborough Drive
Description & Estimates
34, Gainsborough Drive, Newark appears in the public record as a freehold house sitting on a 228 m2 plot.
By comparing it to nearby properties, we estimate it to be an early-century house with 984 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 34, Gainsborough Drive, Newark is £188,694 and its rental estimate is £975 per month, given the available information and assuming reasonable condition.
Gainsborough Drive, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
34, Gainsborough Drive, Newark has a single entry in the Land Registry from November 2024 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 5 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 34, Gainsborough Drive, Newark, we estimate a market value of £198,129 and a rental value of £1,023 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £175,486 and £906 per month respectively.
Recent Market Change
Over the last year, 34, Gainsborough Drive, Newark has seen its estimated sale value decrease by £2,275 (1.2%) and its estimated rental value grow by £22 per month (2.3%). This results in an estimated gross rental yield of 6.2%.
Plot Size
HM Land Registry records the plot of land for 34, Gainsborough Drive, Newark as measuring 228 m2.
That makes it the 27th largest plot in the postcode, where 36 of the 45 other houses have recorded plot data.
Sold Prices
The most recent sale of 34, Gainsborough Drive, Newark completed on 1st November 2024 at £175,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 1.2% over the period since November 2024.
- Sold Nov 2024£175,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 34, Gainsborough Drive, Newark have sold within a radius of 900 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th March 2025, was 1, Park Crescent, Newark, NG24 2BY, a freehold house which sold for £160,000.
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 45 addresses on Gainsborough Drive, Newark, NG24, 34, Gainsborough Drive, Newark comes out as the 9th largest and the 10th most expensive in our analysis of the public data.
It is also £23k less expensive than the average property across the NG24 district.
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Schools Nearby
- 400mBishop Alexander L.E.A.D. Academy
- 1.2kmLovers Lane Primary and Nursery School
- 1.6kmMount CofE Primary School
- 2.4kmMagnus Church of England Academy
- 3.1kmThe Newark Academy
- 5.5kmThe Suthers School
More reading links
Public Transport Nearby
From 34, Gainsborough Drive, Newark, the nearest station is Newark Northgate, 1.0 kilometres away.
- 1.0kmNewark Northgate
- 1.7kmNewark Castle
- 6.7kmCollingham
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.
