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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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According to the public record, 8, Gerbera Drive, Newark is a modern freehold house with 1,463 ft2 of internal area and sits on a 300 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Gerbera Drive, Newark is £316,967 and the estimated rental value is £1,205 per month.
Gerbera Drive, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
8, Gerbera Drive, Newark has 2 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated May 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, Gerbera Drive, Newark is in very good condition we estimate a sale value of £332,815 and a rental value of £1,265 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,779 and a rental value of £1,120 per month.
Over the last 12 months the sale value of 8 Gerbera Drive Newark has decreased by an estimated £1,173 (0.4%) and its rental value has increased by an estimated £26 per month (2.2%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 8, Gerbera Drive, Newark sits on a plot of 300m2.
We have plot size data on 4 out of 4 other houses in the postcode and 8, Gerbera Drive, Newark sits on the 3rd largest plot.
8, Gerbera Drive, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 May 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Gerbera Drive, Newark was last sold on 30th August 2022 for £350,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2022, the market for similar properties has dropped 12.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Gerbera Drive, Newark within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 4, Gerbera Drive, Newark, NG24 2RN, a freehold house which sold for £320,000 on the 14th November 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gerbera Drive, Newark, NG24 has a total of 22 addresses. According to our analysis of all the public data, 8, Gerbera Drive, Newark is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £105k more expensive than the average property in NG24.
The closest station to 8, Gerbera Drive, Newark is Newark Northgate station which is 1.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Gerbera Drive, Newark, % of property is and % is .
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 8, Gerbera Drive, Newark, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 8, Gerbera Drive, Newark, 0.0% 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 8, Gerbera Drive, Newark, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
