According to the public record, 12, Gopher Road, Newark is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 742 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Gopher Road, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
12, Gopher Road, Newark has a single entry in the Land Registry database from February 2006 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 12 Gopher Road Newark as £160,966 and the rental value as £818 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 12 Gopher Road Newark has increased by £5,183 (3.2%) and its rental value has increased by £17 per month (2.0%).
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 12, Gopher Road, Newark is in very good condition we estimate a sale value of £169,015 and rental value of £859 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £149,699 and a rental value of £761 per month.
If you were able to purchase this property for the estimated value of £160,966, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £791 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 12, Gopher Road, Newark was last sold on 27 Feb 2006 for £80,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Gopher Road, Newark within a radius of 85m over the last 2 years.
The most recent example is 10, Gopher Road, Newark, NG24 4HH, a Freehold house which sold for £180,000 in Jan 2023.
Read more about house prices in NG24.
Gopher Road, Newark, NG24 has a total of 29 addresses. According to our analysis of all the public data, 12, Gopher Road, Newark is the 24th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £51k less expensive than the average property in NG24.
The closest station to 12, Gopher Road, Newark is Newark Castle station which is 1.9 km away.
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 12, Gopher Road, Newark, 62.5% of property is socially rented and 17.5% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 12, Gopher Road, Newark, 16.1% of residents are recorded as possessing school level qualifications and 13.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Gopher Road, Newark, the average age was 42 and the most common age was 52.
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 12, Gopher Road, Newark, 1.3% 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 12, Gopher Road, Newark, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.