Flat 2, Bishops Place 20
Flat 2, Bishops Place 20
Description & Estimates
According to the public record, Flat 2, Bishops Place 20, Newark is a modern apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Bishops Place 20, Newark is £139,247 and the estimated rental value is £578 per month.
The apartment is within Bishops Place, Balderton Gate, Newark, NG24.
Balderton Gate, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
Our Data Sources
Flat 2, Bishops Place 20, Newark has no records in the the Land Registry and a single entry in the EPC database dated November 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 Flat 2, Bishops Place 20, Newark is in very good condition we estimate a sale value of £146,209 and a rental value of £607 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,499 and a rental value of £538 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, Bishops Place 20, Newark has declined by £311 (0.2%), while its estimated rental value has climbed by £19 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 5.0%.
Energy Efficiency
Flat 2, Bishops Place 20, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Nov 2020.
The property is not connected to mains gas and has single glazed windows. It is heated using Community scheme.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Bishops Place 20, Newark within a radius of 470 metres over the last 2 years.
The most recent example is Flat 7, Bishops Place 20, Balderton Gate, Newark, NG24 1UW, a leasehold flat which sold for £150,000 on the 11th October 2022.
Read more about house prices in NG24.
- Sold Oct 2022£150,000 | 2 Bed FlatBishops Place 20, Balderton GateFlat 7, Bishops Place 20, Balderton Gate, Newark, NG24 1UW
- Sold Jun 2022£125,000 | 2 Bed FlatBishops Place 20, Balderton GateFlat 9, Bishops Place 20, Balderton Gate, Newark, NG24 1UW
- Sold May 2020£135,000 | 2 Bed FlatBishops Place 20, Balderton GateFlat 8, Bishops Place 20, Balderton Gate, Newark, NG24 1UW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Balderton Gate, Newark, NG24 has a total of 93 addresses. According to our analysis of all the public data, Flat 2, Bishops Place 20, Newark is the 79th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in NG24.
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Schools Nearby
- 400mMount CofE Primary School
- 600mChrist Church C of E Primary School
- 800mLovers Lane Primary and Nursery School
- 700mMagnus Church of England Academy
- 1.9kmThe Newark Academy
- 4.2kmThe Suthers School
More reading links
Public Transport Nearby
The closest station to Flat 2, Bishops Place 20, Newark is Newark Castle station, which is 700 metres away.
- 700mNewark Castle
- 900mNewark Northgate
- 6.2kmRolleston
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
