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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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According to the public record, 5, Long Lane, Newark is a freehold house that sits on a 842 m2 plot.
By comparing it to neighbours, we estimate that it is an early-century house with 1,559 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Long Lane, Newark is £342,071 and the estimated rental value is £1,166 per month.
Long Lane, Farndon, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
5, Long Lane, Newark has 21 entries in the Land Registry , most recently in May 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 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 5, Long Lane, Newark is in very good condition we estimate a sale value of £359,174 and a rental value of £1,224 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £318,126 and a rental value of £1,084 per month.
Over the past 12 months, the estimated sale value of 5, Long Lane, Newark has dropped by £3,062 (0.9%), while its estimated rental value has risen by £30 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 4.1%.
According to data from HM Land Registry, 5, Long Lane, Newark sits on a plot of 842 m2.
We have plot size data on 35 out of 41 other houses in the postcode and 5, Long Lane, Newark sits on the 10th largest plot.
According to HM Land Registry, 5, Long Lane, Newark was last sold on 23rd May 2011 for £233,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2011, the market for similar properties has risen by 34.4%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Long Lane, Newark within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 108, Fosse Road, Newark, NG24 3TJ, a freehold house which sold for £276,500 on the 7th June 2021.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Long Lane, Farndon, Newark, NG24 has a total of 44 addresses. According to our analysis of all the public data, 5, Long Lane, Newark is the 6th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £130k more expensive than the average property in NG24.
The closest station to 5, Long Lane, Newark is Newark Castle station, which is 2.7 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 low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Long Lane, Newark, 41.8% of property is privately owned outright and 40.4% 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, Long Lane, Newark, 15.1% 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 5, Long Lane, Newark, the average age was 43.6 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, Long Lane, 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 5, Long Lane, Newark, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
