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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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The public record describes 8, Grove View Road, Newark as a modern apartment with 516 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
8, Grove View Road, Newark has an estimated sale value of £77,786 and an estimated rental value of £555 per month, assuming reasonable condition and based on the information available.
Grove View Road, Balderton, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
8, Grove View Road, Newark has no records in the the Land Registry and a single entry in the EPC database dated March 2016.
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 8, Grove View Road, Newark would be worth £81,675, with a potential rental value of £583 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £72,341, with a rental value of £516 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 8, Grove View Road, Newark has dropped by £174 (0.2%) over the last year. During the same period, its estimated monthly rental value has risen by £18 (3.3%). The property's estimated gross yield is currently 8.6%.
8, Grove View Road, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Mar 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 660 metres of 8, Grove View Road, Newark across the last 2 years.
Most recently, 20, Hazel Grove, Newark, NG24 3BQ, a leasehold flat, sold at £57,500 on the 9th October 2015.
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 8, Grove View Road, Newark as the 6th largest and the 6th most expensive of the 6 addresses on Grove View Road, Balderton, Newark, NG24.
Against the NG24 postcode district average, it is £134k less expensive than the typical property.
Newark Northgate station is the nearest stop to 8, Grove View Road, Newark at 2.5 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Grove View Road, Newark, 43.6% of property is privately owned with a mortgage and 26.6% 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, Grove View Road, Newark, 16.8% of residents are recorded as possessing school level qualifications and 25.6% 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, Grove View Road, 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 8, Grove View Road, Newark, 1.1% 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, Grove View Road, Newark, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
