5, The Gables
5, The Gables
Description & Estimates
5, The Gables, Newark is recorded publicly as a modern freehold house across 1,636 ft2 of internal area, sitting on a 563 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 5, The Gables, Newark is £351,668 and its rental estimate is £1,433 per month, given the available information and assuming reasonable condition.
The Gables, Bilsthorpe, Newark, NG22 falls within the NG22 postal district, in the borough of Newark and Sherwood.
Our Data Sources
5, The Gables, Newark has 31 entries in the Land Registry , most recently in July 2018 and a single entry in the EPC database dated February 2009.
We combine this information with that 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 5, The Gables, Newark, we estimate a market value of £369,251 and a rental value of £1,504 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £327,051 and £1,332 per month respectively.
Recent Market Change
Over the last year, 5, The Gables, Newark has seen its estimated sale value drop by £7,937 (2.3%) and its estimated rental value rise by £24 per month (1.7%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 5, The Gables, Newark as measuring 563 m2.
That makes it the 2nd largest plot in the postcode, where all 9 other houses have recorded plot data.
Energy Efficiency
5, The Gables, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Feb 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, The Gables, Newark completed on 26th July 2018 at £302,600 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 26.1% over the period since July 2018.
- Sold Jul 2018£302,600
- Sold Dec 2010£230,000
- Sold Nov 2002£158,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, The Gables, Newark have sold within a radius of 2.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th August 2022, was 3, The Gables, Newark, NG22 8RS, a freehold house which sold for £350,000.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 9 addresses on The Gables, Bilsthorpe, Newark, NG22, 5, The Gables, Newark comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £106k more expensive than the average property across the NG22 district.
More reading links
Schools Nearby
- 700mBilsthorpe Flying High Academy
- 3.3kmFarnsfield St Michael's Church of England Primary School
- 3.6kmKirklington Primary School
- 6.8kmThe Joseph Whitaker School
- 7.8kmThe Garibaldi School
- 8.5kmThe Dukeries Academy
More reading links
Public Transport Nearby
From 5, The Gables, Newark, the nearest station is Fiskerton, 11.2 kilometres away.
- 11.2kmFiskerton
- 11.4kmRolleston
- 11.5kmMansfield
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.
