The Gables, Newark
The Gables, Newark
Description & Estimates
The public record describes The Gables, Newark as a modern house with 1,625 ft2 of internal area, sitting on a 372 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
The Gables, Newark has an estimated sale value of £463,389 and an estimated rental value of £1,488 per month, assuming reasonable condition and based on the information available.
Pinfold Lane, Averham, Newark, NG23 lies in the borough of Newark and Sherwood, within the NG23 postal district.
Our Data Sources
The Gables, Newark has no records in the the Land Registry and a single entry in the EPC database dated July 2023.
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
In very good condition, we estimate The Gables, Newark would be worth £486,558, with a potential rental value of £1,562 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £430,952, with a rental value of £1,383 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of The Gables, Newark has dropped by £6,196 (1.3%) over the last year. During the same period, its estimated monthly rental value has risen by £32 (2.1%). The property's estimated gross yield is currently 3.9%.
Plot Size
The Gables, Newark occupies a 372 m2 plot as recorded by HM Land Registry.
Of the 16 other houses in this postcode, 15 have recorded plot sizes, and this one ranks as the 10th largest.
Energy Efficiency
The Gables, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Jul 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, oil.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.9 kilometres of The Gables, Newark across the last 2 years.
Most recently, The Paddock, Staythorpe Road, Newark, NG23 5RA, a freehold house, sold at £490,000 on the 23rd October 2023.
Read more about house prices in NG23.
- Sold Oct 2023£490,000 | 4 Bed HouseThe Paddock, Staythorpe Road, Newark, NG23 5RAThe Paddock, Staythorpe Road, Newark, NG23 5RA
- Sold Apr 2022£325,000 | 4 Bed House1 Manor Farm Cottage, Pinfold Lane, Newark, NG23 5RD1 Manor Farm Cottage, Pinfold Lane, Newark, NG23 5RD
- Sold Aug 2016£240,000 | 4 Bed House2 Manor Farm Cottage, Pinfold Lane, Newark, NG23 5RD2 Manor Farm Cottage, Pinfold Lane, Newark, NG23 5RD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks The Gables, Newark as the 9th largest and the 7th most expensive of the 16 addresses on Pinfold Lane, Averham, Newark, NG23.
Against the NG23 postcode district average, it is £94k more expensive than the typical property.
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Schools Nearby
- 2.4kmSt Peter's Crosskeys CofE Academy
- 3.3kmChrist Church C of E Primary School
- 3.4kmHoly Trinity Catholic Voluntary Academy
- 4.3kmMagnus Church of England Academy
- 5.6kmThe Newark Academy
- 7.4kmThe Suthers School
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Public Transport Nearby
Rolleston station is the nearest stop to The Gables, Newark at 3.1 kilometres away.
- 3.1kmRolleston
- 3.3kmNewark Castle
- 4.2kmFiskerton
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
