39, Ribbon Pond Drive
39, Ribbon Pond Drive
Description & Estimates
39, Ribbon Pond Drive, Newark is recorded publicly as a modern freehold house across 1,237 ft2 of internal area, sitting on a 432 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 39, Ribbon Pond Drive, Newark is £333,434 and its rental estimate is £1,091 per month, given the available information and assuming reasonable condition.
Ribbon Pond Drive, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
39, Ribbon Pond Drive, Newark has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated June 2021.
We combine this information with that 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.
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 39, Ribbon Pond Drive, Newark, we estimate a market value of £350,106 and a rental value of £1,146 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £310,094 and £1,015 per month respectively.
Recent Market Change
Over the last year, 39, Ribbon Pond Drive, Newark has seen its estimated sale value decline by £2,985 (0.9%) and its estimated rental value climb by £29 per month (2.6%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for 39, Ribbon Pond Drive, Newark as measuring 432 m2.
That makes it the 4th largest plot in the postcode, where 26 of the 27 other houses have recorded plot data.
Energy Efficiency
39, Ribbon Pond Drive, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Jun 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 39, Ribbon Pond Drive, Newark completed on 29th June 2021 at £284,995 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 0.5% over the period since June 2021.
- Sold Jun 2021£284,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 39, Ribbon Pond Drive, Newark have sold within a radius of 990 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd June 2021, was 41, Ribbon Pond Drive, Newark, NG24 3WW, a freehold house which sold for £290,495.
Read more about house prices in NG24.
- Sold Jun 2021£290,495 | 4 Bed House41, Ribbon Pond Drive, Newark, NG24 3WW41, Ribbon Pond Drive, Newark, NG24 3WW
- Sold May 2021£289,995 | 4 Bed House31, Ribbon Pond Drive, Newark, NG24 3WW31, Ribbon Pond Drive, Newark, NG24 3WW
- Sold Jan 2021£287,995 | 4 Bed House23, Ribbon Pond Drive, Newark, NG24 3WW23, Ribbon Pond Drive, Newark, NG24 3WW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 27 addresses on Ribbon Pond Drive, Newark, NG24, 39, Ribbon Pond Drive, Newark comes out as the 24th largest and the 22nd most expensive in our analysis of the public data.
It is also £122k more expensive than the average property across the NG24 district.
More reading links
Schools Nearby
- 900mThe Sir Donald Bailey Academy
- 1.3kmJohn Hunt Academy
- 1.6kmThe King's Church of England Primary Academy
- 1.6kmThe Newark Academy
- 1.7kmMagnus Church of England Academy
- 2.2kmThe Suthers School
More reading links
Public Transport Nearby
From 39, Ribbon Pond Drive, Newark, the nearest station is Newark Castle, 3.1 kilometres away.
- 3.1kmNewark Castle
- 3.2kmNewark Northgate
- 6.5kmRolleston
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
