Castle Gate, Newark , Newark, Nottinghamshire, NG24 1BG
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Castle Gate, Newark , Newark, Nottinghamshire, NG24 1BG

By Pattinson Estate Agents

£ 155,000

Reviews

2 out of 5 stars

Pattinson Estate Agents says ..

This charming period cottage enjoys a delightful, advantageous setting. Standing on the banks of the River Trent and enjoying lovely views along the same (especially from the top floor living room) not only does the property enjoy a riverside setting, but it lies in the lea of the historic Newark...

Property Oracle says ..

The property is located on Mill Gate in Newark, Nottinghamshire. It is a 3-bedroom property with 1 bathroom, and a total area of 1350 sqft. The listing price is £155,000. The property appears to be in generally fair condition, with some areas needing updating or minor repairs. The kitchen and bathrooms are relatively dated, and some rooms display worn carpets. The exposed beams and brickwork add character. The property has a small yard area, but no significant garden space. Considering the property’s location in Newark, the condition, and the limited land, the asking price of £155,000 requires further analysis. Nearby properties on Mill Gate have sold for varying prices, ranging from £93,000 to £239,950. The lack of square footage data for these comparable properties makes a precise price per square foot comparison difficult. However, considering the need for modernisation and the relatively small plot size, the price may be positioned at the higher end of the market for comparable properties in the area. More detailed comparable sales data would be needed to definitively assess the value. The proximity to Newark Castle and other amenities could support the price, but the condition of the property needs to be factored in.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
6
Location
7
Land
2
Bedrooms
3
Bathrooms
1
Sqft (est)
1,350.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
273,747.00 £
Decreased by 7.23 %
from 295,097.00 £
Est sale value
494,100.00 £
Increased by 23.65 %
from 399,600.00 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
1,350.00 £/mo
Unchanged by 0.00 %
from 1,350.00 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Pattinson Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Christ Church C Of E Primary SchoolVoluntary Aided SchoolRequires improvement0.33 KM
Holy Trinity Catholic Voluntary AcademyAcademy ConverterGood0.61 KM
Mount Cofe Primary SchoolAcademy Converter0.86 KM
The King'S Church Of England Primary AcademyAcademy Sponsor LedRequires improvement1.19 KM
Lovers Lane Primary And Nursery SchoolCommunity SchoolRequires improvement1.41 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Victoria Street £ 000.00 KM
Robin Hood Walk £ 000.00 KM
Queen Street £ 000.00 KM
King Street £ 200,00000.00 KM
Manners Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newark Castle6498NCT0.53 KM
Newark North Gate6499NNG1.79 KM
Rolleston6353ROL9.45 KM

Nearby Listings

AddressPriceTypeScoreDistance
Navigation Yard, Mill Gate, Newark £ 210,000BUY4 / 100.03 KM
Navigation Yard, Newark £ 270,000BUY5 / 100.04 KM
Mill Gate, Newark £ 150,000BUY6 / 100.04 KM
Mill Gate, Newark £ 167,500BUYUnknown0.05 KM
Mill Gate, Newark £ 280,000BUYUnknown0.05 KM

Nearby Properties

AddressPriceDistance
7 - 9 Mill Gate £ 239,9500.05 KM
31 Mill Gate £ 93,0000.05 KM
27 Mill Gate £ 205,0000.05 KM
4 Pelham Close £ 125,0000.09 KM
16 Pelham Close £ 102,0000.09 KM