According to the public record, 120, Lincoln Road, Newark is a period freehold house and with 1,345 ft2 of internal area and sits on a 980 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lincoln Road, Tuxford, Newark, NG22 is located in the borough of Bassetlaw within the NG22 postal district.
120, Lincoln Road, Newark has a single entry in the Land Registry database from November 2016 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 120 Lincoln Road Newark as £349,602 and the rental value as £1,165 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 120 Lincoln Road Newark has increased by £16,339 (4.7%) and its rental value has increased by £26 per month (2.2%).
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 120, Lincoln Road, Newark is in very good condition we estimate a sale value of £367,082 and rental value of £1,223 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,130 and a rental value of £1,083 per month.
If you were able to purchase this property for the estimated value of £349,602, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,718 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 data from HM Land Registry, 120, Lincoln Road, Newark sits on a plot of 980m2.
We have plot size data on 25 out of 31 other houses in the postcode and 120, Lincoln Road, Newark sits on the 7th largest plot.
According to HM Land Registry, 120, Lincoln Road, Newark was last sold on 25 Nov 2016 for £271,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2016, the market for similar properties has risen 44.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 120, Lincoln Road, Newark within a radius of 972m over the last 2 years.
The most recent example is 54, Newcastle Street, Newark, NG22 0LW, a Freehold house which sold for £340,500 in Jun 2023.
Read more about house prices in NG22.
Lincoln Road, Tuxford, Newark, NG22 has a total of 100 addresses. According to our analysis of all the public data, 120, Lincoln Road, Newark is the 37th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £91k more expensive than the average property in NG22.
120, Lincoln Road, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Feb 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric air source heat pump and radiators.
The closest station to 120, Lincoln Road, Newark is Retford station which is 10.0 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 120, Lincoln Road, Newark, 38.0% of property is privately owned with a mortgage and 28.5% is privately owned outright.
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 120, Lincoln Road, Newark, 18.6% of residents are recorded as possessing school level qualifications and 21.5% 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 120, Lincoln Road, Newark, the average age was 46.1 and the most common age was 57.
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 120, Lincoln Road, Newark, 0.0% 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 120, Lincoln Road, Newark, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.