40, Newark Road
40, Newark Road
Description & Estimates
The public record describes 40, Newark Road, Newark as a mid-century house with 839 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
40, Newark Road, Newark has an estimated sale value of £354,200 and an estimated rental value of £1,074 per month, assuming reasonable condition and based on the information available.
Newark Road, Coddington, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
Our Data Sources
40, Newark Road, Newark has no records in the the Land Registry and a single entry in the EPC database dated September 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 40, Newark Road, Newark would be worth £371,910, with a potential rental value of £1,128 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £329,406, with a rental value of £999 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 40, Newark Road, Newark has fallen by £4,271 (1.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £25 (2.3%). The property's estimated gross yield is currently 3.6%.
Energy Efficiency
40, Newark Road, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 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.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.5 kilometres of 40, Newark Road, Newark across the last 2 years.
Most recently, 85, Beacon Hill Road, Newark, NG24 2JN, a freehold house, sold at £265,000 on the 16th August 2019.
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
Our analysis of the public data ranks 40, Newark Road, Newark as the 51st largest and the 43rd most expensive of the 58 addresses on Newark Road, Coddington, Newark, NG24.
Against the NG24 postcode district average, it is £142k more expensive than the typical property.
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Schools Nearby
- 500mCoddington CofE Primary and Nursery School
- 2.1kmBarnby Road Academy Primary and Nursery school
- 2.3kmBishop Alexander L.E.A.D. Academy
- 2.4kmThe Newark Academy
- 2.7kmMagnus Church of England Academy
- 4.4kmThe Suthers School
More reading links
Public Transport Nearby
Newark Northgate station is the nearest stop to 40, Newark Road, Newark at 2.2 kilometres away.
- 2.2kmNewark Northgate
- 3.1kmNewark Castle
- 7.1kmCollingham
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
