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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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5, Gibson Crescent, Newark is described in the public record as a mid-century house with 538 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 5, Gibson Crescent, Newark is £119,225 and its rental estimate is £693 per month, given the available information and assuming reasonable condition.
Gibson Crescent, Balderton, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
5, Gibson Crescent, Newark has no records in the the Land Registry and a single entry in the EPC database dated August 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 5, Gibson Crescent, Newark, we estimate a market value of £125,186 and a rental value of £728 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £110,879 and £645 per month respectively.
Over the last year, 5, Gibson Crescent, Newark has seen its estimated sale value decrease by £1,879 (1.6%) and its estimated rental value grow by £13 per month (1.9%). This results in an estimated gross rental yield of 7.0%.
5, Gibson Crescent, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Aug 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 2 properties similar to 5, Gibson Crescent, Newark have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th July 2023, was 3, Pinfold Lane, Newark, NG24 3LP, a freehold house which sold for £252,500.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 29 addresses on Gibson Crescent, Balderton, Newark, NG24, 5, Gibson Crescent, Newark comes out as the 17th largest and the 17th most expensive in our analysis of the public data.
It is also £93k less expensive than the average property across the NG24 district.
From 5, Gibson Crescent, Newark, the nearest station is Newark Northgate, 3.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Gibson Crescent, Newark, 44.4% of property is socially rented and 23.5% is privately owned with a mortgage.
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 5, Gibson Crescent, Newark, 19.9% of residents are recorded as possessing school level qualifications and 17.0% 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 5, Gibson Crescent, Newark, the average age was 44.2 and the most common age was 52.
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 5, Gibson Crescent, Newark, 0.4% 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 5, Gibson Crescent, Newark, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
