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According to the public record, 40, Castle Gate, Newark is a period house with 452 ft2 of internal area and sits on a 31.8 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Castle Gate, Newark is £71,434 and the estimated rental value is £418 per month.
Castle Gate, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
40, Castle Gate, Newark has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 40, Castle Gate, Newark is in very good condition we estimate a sale value of £75,005 and a rental value of £439 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £66,433 and a rental value of £389 per month.
Over the last 12 months the sale value of 40 Castle Gate Newark has decreased by an estimated £514 (0.7%) and its rental value has increased by an estimated £8 per month (2.0%), giving an expected gross yield of 7%.
According to data from HM Land Registry, 40, Castle Gate, Newark sits on a plot of 32m2.
We have plot size data on 1 out of 8 other houses in the postcode and 40, Castle Gate, Newark sits on the 5th largest plot.
40, Castle Gate, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jul 2024.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Castle Gate, Newark was last sold on 1st March 2000 for £29,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 530 metres radius of 40, Castle Gate, Newark over the last 2 years.
The most recent example is Apartment 4, 38, Castle Gate, Newark, NG24 1BG, a leasehold flat which sold for £90,000 on the 3rd September 2008.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castle Gate, Newark, NG24 has a total of 65 addresses. According to our analysis of all the public data, 40, Castle Gate, Newark is the 49th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in NG24.
The closest station to 40, Castle Gate, Newark is Newark Castle station which is 400 metres 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 40, Castle Gate, Newark, 52.7% of property is privately rented and 19.3% is privately owned outright.
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 40, Castle Gate, Newark, 9.2% 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 40, Castle Gate, Newark, the average age was 39.6 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 40, Castle Gate, Newark, 0.8% 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 40, Castle Gate, Newark, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.