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According to the public record, 6, The Ropewalk, Newark is a modern freehold house with 775 ft2 of internal area and sits on a 249 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 6, The Ropewalk, Newark is £170,463 and the estimated rental value is £921 per month.
The Ropewalk, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
6, The Ropewalk, Newark has a single entry in the Land Registry from March 2010 and a single entry in the EPC database dated July 2019.
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.
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 6, The Ropewalk, Newark is in very good condition we estimate a sale value of £178,986 and a rental value of £967 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,531 and a rental value of £857 per month.
Over the last 12 months the sale value of 6 The Ropewalk Newark has decreased by an estimated £1,278 (0.7%) and its rental value has increased by an estimated £20 per month (2.2%), giving an expected gross yield of 6.5%.
According to data from HM Land Registry, 6, The Ropewalk, Newark sits on a plot of 249m2.
We have plot size data on 20 out of 20 other houses in the postcode and 6, The Ropewalk, Newark sits on the 5th largest plot.
6, The Ropewalk, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jul 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 6, The Ropewalk, Newark was last sold on 19th March 2010 for £119,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2010, the market for similar properties has risen 87.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, The Ropewalk, Newark within a radius of 490 metres over the last 2 years.
The most recent example is 5, Harrisons Way, Newark, NG24 1NS, a freehold house which sold for £216,000 on the 24th May 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Ropewalk, Newark, NG24 has a total of 20 addresses. According to our analysis of all the public data, 6, The Ropewalk, Newark is the 15th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in NG24.
The closest station to 6, The Ropewalk, Newark is Newark Northgate station which is 600 metres 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 6, The Ropewalk, Newark, 41.3% of property is privately owned outright and 34.1% 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 6, The Ropewalk, Newark, 14.8% of residents are recorded as possessing school level qualifications and 39.9% 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 6, The Ropewalk, Newark, the average age was 39.6 and the most common age was 32.
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 6, The Ropewalk, Newark, 0.7% 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 6, The Ropewalk, Newark, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.