74, Elizabeth Road
74, Elizabeth Road
Description & Estimates
74, Elizabeth Road, Newark is recorded publicly as a mid-century freehold house across 904 ft2 of internal area, sitting on a 359 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 74, Elizabeth Road, Newark is £158,386 and its rental estimate is £882 per month, given the available information and assuming reasonable condition.
Elizabeth Road, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
74, Elizabeth Road, Newark has 2 entries in the Land Registry , most recently in March 2018 and a single entry in the EPC database dated December 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 74, Elizabeth Road, Newark, we estimate a market value of £166,306 and a rental value of £926 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £147,299 and £820 per month respectively.
Recent Market Change
Over the last year, 74, Elizabeth Road, Newark has seen its estimated sale value fall by £1,910 (1.2%) and its estimated rental value move up by £20 per month (2.3%). This results in an estimated gross rental yield of 6.7%.
Plot Size
HM Land Registry records the plot of land for 74, Elizabeth Road, Newark as measuring 359 m2.
That makes it the 4th largest plot in the postcode, where 44 of the 62 other houses have recorded plot data.
Energy Efficiency
74, Elizabeth Road, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Dec 2017.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 74, Elizabeth Road, Newark completed on 29th March 2018 at £132,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 43.9% over the period since March 2018.
- Sold Mar 2018£132,500
- Sold Sep 2011£95,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 74, Elizabeth Road, Newark have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th October 2024, was 60, Elizabeth Road, Newark, NG24 4NR, a freehold house which sold for £163,000.
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
Of the 112 addresses on Elizabeth Road, Newark, NG24, 74, Elizabeth Road, Newark comes out as the 47th largest and the 86th most expensive in our analysis of the public data.
It is also £53k less expensive than the average property across the NG24 district.
More reading links
Schools Nearby
- 900mThe Sir Donald Bailey Academy
- 900mHoly Trinity Catholic Voluntary Academy
- 900mThe King's Church of England Primary Academy
- 1.4kmMagnus Church of England Academy
- 2.3kmThe Newark Academy
- 3.8kmThe Suthers School
More reading links
Public Transport Nearby
From 74, Elizabeth Road, Newark, the nearest station is Newark Castle, 2.0 kilometres away.
- 2.0kmNewark Castle
- 2.6kmNewark Northgate
- 5.2kmRolleston
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
