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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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6, Timothy Road, Newark is recorded publicly as a mid-century freehold house across 1,334 ft2 of internal area, sitting on a 430 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 6, Timothy Road, Newark is £349,196 and its rental estimate is £1,342 per month, given the available information and assuming reasonable condition.
Timothy Road, Laxton, Newark, NG22 falls within the NG22 postal district, in the borough of Newark and Sherwood.
6, Timothy Road, Newark has a single entry in the Land Registry from November 2011 and a single entry in the EPC database dated October 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 6, Timothy Road, Newark, we estimate a market value of £366,656 and a rental value of £1,409 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £324,752 and £1,248 per month respectively.
Over the last year, 6, Timothy Road, Newark has seen its estimated sale value move down by £7,882 (2.3%) and its estimated rental value increase by £23 per month (1.7%). This results in an estimated gross rental yield of 4.6%.
HM Land Registry records the plot of land for 6, Timothy Road, Newark as measuring 430 m2.
That makes it the 6th largest plot in the postcode, where 11 of the 18 other houses have recorded plot data.
6, Timothy Road, Newark has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 29 Oct 2010.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, oil.
The most recent sale of 6, Timothy Road, Newark completed on 25th November 2011 at £125,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 21.7% over the period since November 2011.
Over the past 2 years 3 properties similar to 6, Timothy Road, Newark have sold within a radius of 4.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th November 2020, was Vicarage Cottage, High Street, Newark, NG22 0NX, a freehold house which sold for £335,000.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 18 addresses on Timothy Road, Laxton, Newark, NG22, 6, Timothy Road, Newark comes out as the largest and the most expensive in our analysis of the public data.
It is also £103k more expensive than the average property across the NG22 district.
From 6, Timothy Road, Newark, the nearest station is Collingham, 12.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 6, Timothy Road, Newark, 38.5% of property is privately rented and 33.7% is privately owned outright.
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, Timothy Road, Newark, 11.9% of residents are recorded as possessing school level qualifications and 29.0% 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, Timothy Road, Newark, the average age was 48.3 and the most common age was 57.
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, Timothy Road, Newark, 1.0% 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 6, Timothy Road, Newark, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
