8, Gainsborough Drive
8, Gainsborough Drive
Description & Estimates
Public records show 8, Gainsborough Drive, Newark to be an early-century freehold house with 882 ft2 of internal area, sitting on a 238 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
8, Gainsborough Drive, Newark has an estimated sale value of £178,121 and an estimated rental value of £940 per month, assuming reasonable condition and based on the information available.
Gainsborough Drive, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
Our Data Sources
8, Gainsborough Drive, Newark has a single entry in the Land Registry from August 2012 and a single entry in the EPC database dated November 2013.
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
In very good condition, we estimate 8, Gainsborough Drive, Newark would be worth £187,027, with a potential rental value of £987 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £165,653, with a rental value of £874 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Gainsborough Drive, Newark has decreased by £2,148 (1.2%) over the last year. During the same period, its estimated monthly rental value has grown by £22 (2.3%). The property's estimated gross yield is currently 6.3%.
Plot Size
8, Gainsborough Drive, Newark occupies a 238 m2 plot as recorded by HM Land Registry.
Of the 45 other houses in this postcode, 36 have recorded plot sizes, and this one ranks as the 24th largest.
Energy Efficiency
8, Gainsborough Drive, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
8, Gainsborough Drive, Newark last changed hands on 24th August 2012, selling for £100,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 67.4% since August 2012.
- Sold Aug 2012£100,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 890 metres of 8, Gainsborough Drive, Newark across the last 2 years.
Most recently, 1, Cedar Avenue, Newark, NG24 2DA, a freehold house, sold at £180,000 on the 6th March 2025.
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
Our analysis of the public data ranks 8, Gainsborough Drive, Newark as the 20th largest and the 21st most expensive of the 45 addresses on Gainsborough Drive, Newark, NG24.
Against the NG24 postcode district average, it is £34k less expensive than the typical property.
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Schools Nearby
- 400mBishop Alexander L.E.A.D. Academy
- 1.2kmLovers Lane Primary and Nursery School
- 1.6kmMount CofE Primary School
- 2.4kmMagnus Church of England Academy
- 3.1kmThe Newark Academy
- 5.5kmThe Suthers School
More reading links
Public Transport Nearby
Newark Northgate station is the nearest stop to 8, Gainsborough Drive, Newark at 1.0 kilometres away.
- 1.0kmNewark Northgate
- 1.7kmNewark Castle
- 6.7kmCollingham
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
