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Company No. 11113204
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According to the public record, 42, Nicholson Street, Newark is a mid-century house with 968 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 42, Nicholson Street, Newark is £172,557 and the estimated rental value is £918 per month.
Nicholson Street, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
42, Nicholson Street, Newark has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2014.
We combine this information with public data 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.
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 42, Nicholson Street, Newark is in very good condition we estimate a sale value of £181,185 and a rental value of £964 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,478 and a rental value of £854 per month.
Over the last 12 months the sale value of 42 Nicholson Street Newark has decreased by an estimated £2,081 (1.2%) and its rental value has increased by an estimated £21 per month (2.3%), giving an expected gross yield of 6.4%.
42, Nicholson Street, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 42, Nicholson Street, Newark was last sold on 9th April 2001 for £55,500 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 sales of properties similar to 42, Nicholson Street, Newark within a radius of 430 metres over the last 2 years.
The most recent example is 19, Nicholson Street, Newark, NG24 1RD, a freehold house which sold for £162,000 on the 1st October 2021.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nicholson Street, Newark, NG24 has a total of 40 addresses. According to our analysis of all the public data, 42, Nicholson Street, Newark is the 9th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £39k less expensive than the average property in NG24.
The closest station to 42, Nicholson Street, Newark is Newark Northgate station which is 1.1 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 42, Nicholson Street, Newark, 34.2% of property is privately rented and 24.8% is socially rented.
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 42, Nicholson Street, Newark, 26.9% of residents are recorded as possessing school level qualifications and 20.3% 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 42, Nicholson Street, 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 42, Nicholson Street, 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 42, Nicholson Street, 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.
