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According to the public record, 27A, Mill Gate, Newark is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 869 ft2 of internal area and sits on a 122 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 27A, Mill Gate, Newark is £196,464 and the estimated rental value is £974 per month.
Mill Gate, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
27A, Mill Gate, Newark has 21 entries in the Land Registry , most recently in August 2008 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 5 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 27A, Mill Gate, Newark is in very good condition we estimate a sale value of £206,287 and a rental value of £1,022 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,712 and a rental value of £905 per month.
Over the last 12 months the sale value of 27A Mill Gate Newark has decreased by an estimated £1,472 (0.7%) and its rental value has increased by an estimated £21 per month (2.2%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 27A, Mill Gate, Newark sits on a plot of 122m2.
We have plot size data on 11 out of 15 other houses in the postcode and 27A, Mill Gate, Newark sits on the 4th largest plot.
According to HM Land Registry, 27A, Mill Gate, Newark was last sold on 6th August 2008 for £124,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2008, the market for similar properties has risen 67.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27A, Mill Gate, Newark within a radius of 570 metres over the last 2 years.
The most recent example is 11, Edward Avenue, Newark, NG24 4UZ, a freehold house which sold for £175,000 on the 31st October 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Gate, Newark, NG24 has a total of 186 addresses. According to our analysis of all the public data, 27A, Mill Gate, Newark is the 36th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £16k less expensive than the average property in NG24.
The closest station to 27A, Mill Gate, Newark is Newark Castle station which is 500 metres 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 27A, Mill Gate, Newark, 52.7% of property is privately rented and 19.3% 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 27A, Mill Gate, Newark, 9.2% of residents are recorded as possessing school level qualifications and 28.1% 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 27A, Mill Gate, 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 27A, Mill Gate, Newark, 0.8% 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 27A, Mill Gate, Newark, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.