Gallowsfield, Newark
Gallowsfield, Newark
Description & Estimates
According to the public record, Gallowsfield, Newark is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,724 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Gallowsfield, Newark is £438,260 and the estimated rental value is £1,130 per month.
The Avenue, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
Our Data Sources
Gallowsfield, Newark has a single entry in the Land Registry from October 2013 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 1 out of 5 and is considered of low 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 Gallowsfield, Newark is in very good condition we estimate a sale value of £460,173 and a rental value of £1,186 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £407,582 and a rental value of £1,051 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Gallowsfield, Newark has dropped by £3,923 (0.9%), while its estimated rental value has risen by £30 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 3.1%.
Sold Prices
According to HM Land Registry, Gallowsfield, Newark was last sold on 25th October 2013 for £240,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2013, the market for similar properties has risen by 48.4%.
- Sold Oct 2013£240,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Gallowsfield, Newark within a radius of 570 metres over the last 2 years.
The most recent example is 13, The Park, Newark, NG24 1SD, a freehold house which sold for £383,000 on the 4th February 2021.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
The Avenue, Newark, NG24 has a total of 14 addresses. According to our analysis of all the public data, Gallowsfield, Newark is the 9th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £226k more expensive than the average property in NG24.
More reading links
Schools Nearby
- 300mBarnby Road Academy Primary and Nursery school
- 800mThe King's Church of England Primary Academy
- 1.1kmMount CofE Primary School
- 400mMagnus Church of England Academy
- 1.1kmThe Newark Academy
- 3.4kmThe Suthers School
More reading links
Public Transport Nearby
The closest station to Gallowsfield, Newark is Newark Northgate station, which is 1.4 kilometres away.
- 1.4kmNewark Northgate
- 1.6kmNewark Castle
- 6.8kmRolleston
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
