62, Newark Road
62, Newark Road
Description & Estimates
62, Newark Road, Newark is recorded publicly as an early-century freehold house across 860 ft2 of internal area, sitting on a 486 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 62, Newark Road, Newark is £350,189 and its rental estimate is £1,058 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
62, Newark Road, Newark has a single entry in the Land Registry from April 2012 and a single entry in the EPC database dated March 2011.
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.
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 62, Newark Road, Newark, we estimate a market value of £367,698 and a rental value of £1,111 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £325,675 and £984 per month respectively.
Recent Market Change
Over the last year, 62, Newark Road, Newark has seen its estimated sale value fall by £4,222 (1.2%) and its estimated rental value move up by £24 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 62, Newark Road, Newark as measuring 486 m2.
That makes it the 17th largest plot in the postcode, where 31 of the 54 other houses have recorded plot data.
Energy Efficiency
62, Newark Road, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Mar 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 62, Newark Road, Newark completed on 17th April 2012 at £157,000 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 26.3% over the period since April 2012.
- Sold Apr 2012£157,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 62, 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 14th November 2024, was 10, Old Hall Gardens, Newark, NG24 2QJ, a freehold house which sold for £315,000.
Read more about house prices in NG24.
- Sold Nov 2024£315,000 | 3 Bed House10, Old Hall Gardens, Newark, NG24 2QJ10, Old Hall Gardens, Newark, NG24 2QJ
- Sold Aug 2019£265,000 | 3 Bed House85, Beacon Hill Road, Newark, NG24 2JN85, Beacon Hill Road, Newark, NG24 2JN
- Sold Jun 2007£175,000 | 3 Bed House54, Newark Road, Newark, NG24 2QF54, Newark Road, Newark, NG24 2QF
•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, 62, Newark Road, Newark comes out as the 47th largest and the 45th most expensive in our analysis of the public data.
It is also £138k 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 62, 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.
