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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 5, Threadneedle Way, Newark is a modern freehold house with 1,980 ft2 of internal area and sits on a 369 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Threadneedle Way, Newark is £400,092 and the estimated rental value is £1,490 per month.
Threadneedle Way, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
5, Threadneedle Way, Newark has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated October 2022.
We combine this information with that 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 5, Threadneedle Way, Newark is in very good condition we estimate a sale value of £420,097 and a rental value of £1,564 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,086 and a rental value of £1,386 per month.
Over the last 12 months the sale value of 5 Threadneedle Way Newark has decreased by an estimated £2,049 (0.5%) and its rental value has increased by an estimated £32 per month (2.2%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 5, Threadneedle Way, Newark sits on a plot of 369m2.
We have plot size data on 13 out of 15 other houses in the postcode and 5, Threadneedle Way, Newark sits on the 9th largest plot.
5, Threadneedle Way, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Threadneedle Way, Newark was last sold on 28th October 2022 for £449,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2022, the market for similar properties has dropped 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Threadneedle Way, Newark within a radius of 900 metres over the last 2 years.
The most recent example is 10, Loom Gardens, Newark, NG24 3WX, a freehold house which sold for £449,000 on the 22nd November 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Threadneedle Way, Newark, NG24 has a total of 15 addresses. According to our analysis of all the public data, 5, Threadneedle Way, Newark is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £188k more expensive than the average property in NG24.
The closest station to 5, Threadneedle Way, Newark is Newark Castle station which is 3.0 kilometres away.
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 5, Threadneedle Way, Newark, % of property is and % is .
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, Threadneedle Way, Newark, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Threadneedle Way, 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, Threadneedle Way, Newark, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
