56, Jericho Road
56, Jericho Road
Description & Estimates
According to the public record, 56, Jericho Road, Newark is a modern freehold house with 1,054 ft2 of internal area and sits on a 325 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 56, Jericho Road, Newark is £245,157 and the estimated rental value is £1,037 per month.
Jericho Road, Balderton, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
Our Data Sources
56, Jericho Road, Newark has 51 entries in the Land Registry , most recently in April 2019 and a single entry in the EPC database dated March 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 56, Jericho Road, Newark is in very good condition we estimate a sale value of £257,415 and a rental value of £1,089 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,996 and a rental value of £965 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 56, Jericho Road, Newark has dropped by £2,956 (1.2%), while its estimated rental value has risen by £24 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Plot Size
According to data from HM Land Registry, 56, Jericho Road, Newark sits on a plot of 325 m2.
We have plot size data on 43 out of 43 other houses in the postcode and 56, Jericho Road, Newark sits on the 15th largest plot.
Energy Efficiency
56, Jericho Road, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 56, Jericho Road, Newark was last sold on 25th April 2019 for £230,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since April 2019, the market for similar properties has risen by 10.2%.
- Sold Apr 2019£230,000
- Sold Oct 2016£202,500
- Sold Oct 2006£155,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Jericho Road, Newark within a radius of 830 metres over the last 2 years.
The most recent example is 30, Jericho Road, Newark, NG24 3GT, a freehold house which sold for £210,000 on the 12th April 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Jericho Road, Balderton, Newark, NG24 has a total of 43 addresses. According to our analysis of all the public data, 56, Jericho Road, Newark is the 20th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in NG24.
More reading links
Schools Nearby
- 900mChuter Ede Primary School
- 1.1kmJohn Hunt Academy
- 2.1kmThe Sir Donald Bailey Academy
- 1.0kmThe Suthers School
- 1.5kmThe Newark Academy
- 2.5kmMagnus Church of England Academy
More reading links
Public Transport Nearby
The closest station to 56, Jericho Road, Newark is Newark Northgate station, which is 3.8 kilometres away.
- 3.8kmNewark Northgate
- 4.0kmNewark Castle
- 7.9kmRolleston
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be high.
