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According to the public record, 36A, Kirk Gate, Newark is a period Leasehold apartment with 1,593 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 36A, Kirk Gate, Newark is £101,797 and the estimated rental value is £515 per month.
The apartment is within 36, Kirk Gate, Newark, NG24.
Kirk Gate, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
36A, Kirk Gate, Newark has a single entry in the Land Registry from May 2007 and a single entry in the EPC database dated February 2024.
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.
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 36A, Kirk Gate, Newark is in very good condition we estimate a sale value of £106,887 and a rental value of £541 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £94,672 and a rental value of £479 per month.
Over the last 12 months the sale value of 36A Kirk Gate Newark has decreased by an estimated £271 (0.3%) and its rental value has increased by an estimated £12 per month (2.4%), giving an expected gross yield of 6.1%.
36A, Kirk Gate, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Feb 2024.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 36A, Kirk Gate, Newark was last sold on 21st May 2007 for £85,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2007, the market for similar properties has risen 35.7%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 520 metres radius of 36A, Kirk Gate, Newark over the last 2 years.
The most recent example is 44, Kirk Gate, Newark, NG24 1AB, a leasehold flat which sold for £520,000 on the 1st November 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kirk Gate, Newark, NG24 has a total of 23 addresses. According to our analysis of all the public data, 36A, Kirk Gate, Newark is the 2nd largest and the 15th most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in NG24.
The closest station to 36A, Kirk Gate, Newark is Newark Castle station which is 400 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 36A, Kirk Gate, Newark, 68.2% of property is privately rented and 15.1% 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 36A, Kirk Gate, Newark, 9.9% of residents are recorded as possessing school level qualifications and 30.6% 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 36A, Kirk 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 36A, Kirk Gate, Newark, 1.7% 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 36A, Kirk Gate, Newark, there are an average of 0.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
