According to the public record, 5, Gopher Road, Newark is a mid-century freehold house and with 731 ft2 of internal area and sits on a 329 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Gopher Road, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
5, Gopher Road, Newark has a single entry in the Land Registry database from August 2018 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 5 Gopher Road Newark as £170,618 and the rental value as £853 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 5 Gopher Road Newark has increased by £5,494 (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 5, Gopher Road, Newark is in very good condition we estimate a sale value of £179,149 and rental value of £896 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,675 and a rental value of £793 per month.
If you were able to purchase this property for the estimated value of £170,618, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £839 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, 5, Gopher Road, Newark sits on a plot of 329m2.
We have plot size data on 8 out of 29 other houses in the postcode and 5, Gopher Road, Newark sits on the 5th largest plot.
According to HM Land Registry, 5, Gopher Road, Newark was last sold on 31 Aug 2018 for £127,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2018, the market for similar properties has risen 27.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Gopher Road, Newark within a radius of 112m 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, 5, Gopher Road, Newark is the 29th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in NG24.
5, Gopher Road, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Apr 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 5, 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 5, 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 5, 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 5, 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 5, 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 5, 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.