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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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1A, Sleaford Road, Newark is recorded publicly as a modern freehold house across 688 ft2 of internal area, sitting on a 631 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1A, Sleaford Road, Newark is £249,138 and its rental estimate is £824 per month, given the available information and assuming reasonable condition.
Sleaford Road, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
1A, Sleaford Road, Newark has a single entry in the Land Registry from December 2013 and a single entry in the EPC database dated October 2012.
We combine this information with that 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.
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 1A, Sleaford Road, Newark, we estimate a market value of £261,595 and a rental value of £865 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £231,699 and £766 per month respectively.
Over the last year, 1A, Sleaford Road, Newark has seen its estimated sale value drop by £3,004 (1.2%) and its estimated rental value rise by £19 per month (2.3%). This results in an estimated gross rental yield of 4.0%.
HM Land Registry records the plot of land for 1A, Sleaford Road, Newark as measuring 631 m2.
That makes it the largest plot in the postcode, where all 7 other houses have recorded plot data.
1A, Sleaford Road, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Oct 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
The most recent sale of 1A, Sleaford Road, Newark completed on 19th December 2013 at £164,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 83.7% over the period since December 2013.
Over the past 2 years 1 property similar to 1A, Sleaford Road, Newark has sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th March 2013, was 3, Eastern Court, Newark, NG24 1RT, a freehold house which sold for £140,000.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 93 addresses on Sleaford Road, Newark, NG24, 1A, Sleaford Road, Newark comes out as the 73rd largest and the most expensive in our analysis of the public data.
It is also £37k more expensive than the average property across the NG24 district.
From 1A, Sleaford Road, Newark, the nearest station is Newark Northgate, 400 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1A, Sleaford Road, Newark, 35.8% of property is socially rented and 28.8% is privately rented.
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 1A, Sleaford Road, Newark, 23.7% of residents are recorded as possessing school level qualifications and 18.6% 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 1A, Sleaford Road, Newark, the average age was 39.6 and the most common age was 32.
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 1A, Sleaford 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 1A, Sleaford Road, Newark, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
