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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, Gorse Road, Newark is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,080 ft2 of internal area and sits on a 409 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Gorse Road, Newark is £177,939 and the estimated rental value is £964 per month.
Gorse Road, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
8, Gorse Road, Newark has 2 entries in the Land Registry , most recently in February 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Gorse Road, Newark is in very good condition we estimate a sale value of £186,835 and a rental value of £1,013 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,483 and a rental value of £897 per month.
Over the last 12 months the sale value of 8 Gorse Road Newark has decreased by an estimated £1,334 (0.7%) and its rental value has increased by an estimated £21 per month (2.2%), giving an expected gross yield of 6.5%.
According to data from HM Land Registry, 8, Gorse Road, Newark sits on a plot of 409m2.
We have plot size data on 6 out of 14 other houses in the postcode and 8, Gorse Road, Newark sits on the largest plot.
According to HM Land Registry, 8, Gorse Road, Newark was last sold on 22nd February 2013 for £103,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2013, the market for similar properties has risen 84.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Gorse Road, Newark within a radius of 510 metres over the last 2 years.
The most recent example is 44, Cranmer Road, Newark, NG24 4ET, a freehold house which sold for £176,000 on the 23rd August 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gorse Road, Newark, NG24 has a total of 15 addresses. According to our analysis of all the public data, 8, Gorse Road, Newark is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in NG24.
The closest station to 8, Gorse Road, Newark is Newark Castle station which is 2.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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, Gorse Road, Newark, 37.7% of property is socially rented and 26.3% is privately owned outright.
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, Gorse Road, Newark, 28.7% of residents are recorded as possessing school level qualifications and 13.2% 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 8, Gorse Road, Newark, the average age was 42 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 8, Gorse Road, 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, Gorse Road, 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.
