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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
The public record describes 7, Gibson Crescent, Newark as a mid-century house with 538 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
7, Gibson Crescent, Newark has an estimated sale value of £119,225 and an estimated rental value of £693 per month, assuming reasonable condition and based on the information available.
Gibson Crescent, Balderton, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
7, Gibson Crescent, Newark has no records in the the Land Registry and a single entry in the EPC database dated September 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 7, Gibson Crescent, Newark would be worth £125,186, with a potential rental value of £728 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £110,879, with a rental value of £645 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 7, Gibson Crescent, Newark has dropped by £1,879 (1.6%) over the last year. During the same period, its estimated monthly rental value has risen by £13 (1.9%). The property's estimated gross yield is currently 7.0%.
7, Gibson Crescent, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 640 metres of 7, Gibson Crescent, Newark across the last 2 years.
Most recently, 3, Pinfold Lane, Newark, NG24 3LP, a freehold house, sold at £252,500 on the 19th July 2023.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 7, Gibson Crescent, Newark as the 16th largest and the 16th most expensive of the 29 addresses on Gibson Crescent, Balderton, Newark, NG24.
Against the NG24 postcode district average, it is £93k less expensive than the typical property.
Newark Northgate station is the nearest stop to 7, Gibson Crescent, Newark at 3.2 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Gibson Crescent, Newark, 44.4% of property is socially rented and 23.5% 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 7, Gibson Crescent, Newark, 19.9% of residents are recorded as possessing school level qualifications and 17.0% 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 7, Gibson Crescent, Newark, the average age was 44.2 and the most common age was 52.
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 7, Gibson Crescent, Newark, 0.4% 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 7, Gibson Crescent, 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.
