54, Newark Road
54, Newark Road
Description & Estimates
54, Newark Road, Newark appears in the public record as a freehold house sitting on a 441 m2 plot.
By comparing it to nearby properties, we estimate it to be an early-century house with 845 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 54, Newark Road, Newark is £354,582 and its rental estimate is £1,074 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
54, Newark Road, Newark has 21 entries in the Land Registry , most recently in June 2007 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.
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 54, Newark Road, Newark, we estimate a market value of £372,311 and a rental value of £1,128 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £329,761 and £999 per month respectively.
Recent Market Change
Over the last year, 54, Newark Road, Newark has seen its estimated sale value move down by £4,275 (1.2%) and its estimated rental value increase by £25 per month (2.3%). This results in an estimated gross rental yield of 3.6%.
Plot Size
HM Land Registry records the plot of land for 54, Newark Road, Newark as measuring 441 m2.
That makes it the 22nd largest plot in the postcode, where 31 of the 54 other houses have recorded plot data.
Sold Prices
The most recent sale of 54, Newark Road, Newark completed on 12th June 2007 at £175,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 14.3% over the period since June 2007.
- Sold Jun 2007£175,000
- Sold Jan 2003£96,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 54, 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 16th August 2019, was 85, Beacon Hill Road, Newark, NG24 2JN, a freehold house which sold for £265,000.
Read more about house prices in NG24.
- Sold Aug 2019£265,000 | 3 Bed House85, Beacon Hill Road, Newark, NG24 2JN85, Beacon Hill Road, Newark, NG24 2JN
- Sold Apr 2012£157,000 | 3 Bed House62, Newark Road, Newark, NG24 2QF62, Newark Road, Newark, NG24 2QF
- Sold Mar 2007£185,000 | 3 Bed House77, Beacon Hill Road, Newark, NG24 2JN77, Beacon Hill Road, Newark, NG24 2JN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 58 addresses on Newark Road, Coddington, Newark, NG24, 54, Newark Road, Newark comes out as the 49th largest and the 42nd most expensive in our analysis of the public data.
It is also £143k 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 54, 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.
