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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, 55, Westgate, Southwell is a period house with 1,248 ft2 of internal area and sits on a 298 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 55, Westgate, Southwell is £403,763 and the estimated rental value is £1,701 per month.
Westgate, Southwell, NG25 is located in the borough of Newark and Sherwood within the NG25 postal district.
55, Westgate, Southwell has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2022.
We combine this information with public data 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.
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 55, Westgate, Southwell is in very good condition we estimate a sale value of £423,951 and a rental value of £1,786 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £375,499 and a rental value of £1,582 per month.
Over the last 12 months the sale value of 55 Westgate Southwell has decreased by an estimated £2,775 (0.7%) and its rental value has increased by an estimated £37 per month (2.2%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 55, Westgate, Southwell sits on a plot of 298m2.
We have plot size data on 14 out of 17 other houses in the postcode and 55, Westgate, Southwell sits on the 9th largest plot.
55, Westgate, Southwell has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Jun 2022.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 55, Westgate, Southwell was last sold on 8th January 2002 for £194,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Westgate, Southwell within a radius of 900 metres over the last 2 years.
The most recent example is Mays Cottage, Westgate, Southwell, NG25 0JX, a freehold house which sold for £555,000 on the 23rd June 2023.
Read more about house prices in NG25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westgate, Southwell, NG25 has a total of 178 addresses. According to our analysis of all the public data, 55, Westgate, Southwell is the 68th largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in NG25.
The closest station to 55, Westgate, Southwell is Fiskerton station which is 3.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 55, Westgate, Southwell, 43.8% of property is privately owned outright and 22.5% 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 55, Westgate, Southwell, 17.0% of residents are recorded as possessing school level qualifications and 47.4% 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 55, Westgate, Southwell, the average age was 46.8 and the most common age was 17.
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 55, Westgate, Southwell, 2.7% 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 55, Westgate, Southwell, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
