Purplebricks says ..
Two Double Bedrooms - End Terrace - Lounge - Modern Kitchen Diner - Courtyard Garden - Walking Distance to Amenities & Newark Town Centre & Railway Stations - No Upward Chain Perfect for 1st time buyers or investor landlords Situated in Newark Town Centre where there are a wealth of amenities...
Property Oracle says ..
The property is a 2 bedroom terraced house located in Parker Street, Newark, Nottinghamshire. It is situated in the Beacon locality and has a list price of £150,000. The property has a total area of 596.70 sqft and a plot size of 717.00 sqft.
The property appears to be in good condition based on the provided images. The interior is presented well, with modern fixtures and fittings. There is no obvious evidence of significant repair or renovation needs. The small rear garden is enclosed, providing some outdoor space.
The location is reasonably convenient. Newark North Gate train station is within walking distance, offering good transport links. Several primary schools are also nearby, with Magnus Church of England Academy being a highly rated option. However, the average house price in the area is significantly higher (£450,572) than the list price of this property, suggesting it may be underpriced. The average price per sqft in the area is £311, while this property is listed at a much lower price per sqft.
Considering the condition, location, and size of the property, the list price of £150,000 appears to be very reasonable, potentially even under-valued, in comparison to the average property prices in the area. However, more information about the property’s features and the local market would be needed to confirm this.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 9
- Condition
- 8
- Location
- 7
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 596.70
- Lot (est)
- 717.00
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
- 388,125.00 £Increased by 10.71 %
- Est sale value
- 143,804.70 £Increased by 6.64 %
- Average area rental value
- 864.00 £/moDecreased by 9.34 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 2.67 %Decreased by 18.10 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Purplebricks created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Magnus Church Of England Academy | Academy Sponsor Led | Good | 0.53 KM |
| Barnby Road Academy Primary And Nursery School | Academy Converter | 0.66 KM | |
| Mount Cofe Primary School | Academy Converter | 0.91 KM | |
| Lovers Lane Primary And Nursery School | Community School | Requires improvement | 0.95 KM |
| The King'S Church Of England Primary Academy | Academy Sponsor Led | Requires improvement | 1.11 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| New Street | £ 0 | 0 | 0.00 KM |
| Cross Street | £ 0 | 0 | 0.00 KM |
| Charlotte Close | £ 150,000 | 0 | 0.00 KM |
| Ellerslie Close | £ 0 | 0 | 0.00 KM |
| Queen's Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newark North Gate | 6499 | NNG | 0.98 KM |
| Newark Castle | 6498 | NCT | 1.57 KM |
| Collingham | 6349 | CLM | 9.68 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Parker Street, Newark, NG24 | £ 150,000 | BUY | 7 / 10 | 0.00 KM |
| Parker Street, Newark, NG24 | £ 120,000 | BUY | 6 / 10 | 0.00 KM |
| Nicholson Street, Newark | £ 170,000 | BUY | Unknown | 0.11 KM |
| Nicholson Street, Newark | £ 250,000 | BUY | 7 / 10 | 0.12 KM |
| Cross Street, Newark | £ 110,000 | BUY | 6 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 25 Smith Street | £ 95,000 | 0.11 KM |
| 36 Smith Street | £ 117,000 | 0.11 KM |
| 13 Smith Street | £ 35,950 | 0.11 KM |
| 31 Smith Street | £ 28,500 | 0.11 KM |
| 26 Smith Street | £ 107,000 | 0.11 KM |