27B, Grange Road
27B, Grange Road
Description & Estimates
27B, Grange Road, Newark is described in the public record as a modern house with 731 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 27B, Grange Road, Newark is £175,658 and its rental estimate is £873 per month, given the available information and assuming reasonable condition.
Grange Road, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
27B, Grange Road, Newark has no records in the the Land Registry and a single entry in the EPC database dated April 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 27B, Grange Road, Newark, we estimate a market value of £184,441 and a rental value of £916 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £163,362 and £812 per month respectively.
Recent Market Change
Over the last year, 27B, Grange Road, Newark has seen its estimated sale value move down by £2,118 (1.2%) and its estimated rental value increase by £20 per month (2.3%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
27B, Grange Road, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Apr 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 27B, Grange Road, Newark have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was 17, Charters Drive, Newark, NG24 3XD, a freehold house which sold for £185,000.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 275 addresses on Grange Road, Newark, NG24, 27B, Grange Road, Newark comes out as the 162nd largest and the 105th most expensive in our analysis of the public data.
It is also £36k less expensive than the average property across the NG24 district.
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Schools Nearby
- 400mThe Sir Donald Bailey Academy
- 1.1kmThe King's Church of England Primary Academy
- 1.5kmHoly Trinity Catholic Voluntary Academy
- 1.3kmMagnus Church of England Academy
- 1.7kmThe Newark Academy
- 2.9kmThe Suthers School
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Public Transport Nearby
From 27B, Grange Road, Newark, the nearest station is Newark Castle, 2.5 kilometres away.
- 2.5kmNewark Castle
- 2.8kmNewark Northgate
- 6.0kmRolleston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
