48, Newark Road
48, Newark Road
Description & Estimates
48, Newark Road, Newark is described in the public record as an early-century house with 812 ft2 of internal area, sitting on a 479 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 48, Newark Road, Newark is £340,685 and its rental estimate is £1,039 per month, given the available information and assuming reasonable condition.
Newark Road, Coddington, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
48, Newark Road, Newark has no records in the the Land Registry and a single entry in the EPC database dated July 2010.
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
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 48, Newark Road, Newark, we estimate a market value of £357,719 and a rental value of £1,091 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £316,837 and £966 per month respectively.
Recent Market Change
Over the last year, 48, Newark Road, Newark has seen its estimated sale value move down by £4,108 (1.2%) and its estimated rental value increase by £24 per month (2.3%). This results in an estimated gross rental yield of 3.7%.
Plot Size
HM Land Registry records the plot of land for 48, Newark Road, Newark as measuring 479 m2.
That makes it the 18th largest plot in the postcode, where 31 of the 54 other houses have recorded plot data.
Energy Efficiency
48, Newark Road, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jul 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 48, Newark Road, Newark have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th November 2020, was 7, Adwalton Close, Newark, NG24 2GT, a freehold house which sold for £223,000.
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 58 addresses on Newark Road, Coddington, Newark, NG24, 48, Newark Road, Newark comes out as the 53rd largest and the 48th most expensive in our analysis of the public data.
It is also £129k more expensive than the average property across the NG24 district.
More reading links
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
From 48, Newark Road, Newark, the nearest station is Newark Northgate, 2.2 kilometres away.
- 2.2kmNewark Northgate
- 3.1kmNewark Castle
- 7.1kmCollingham
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.
