Phoenix Lane, Fernwood, Newark
By Oliver Reilly
£ 295,000
Reviews
4 out of 5 stars
Oliver Reilly says ..
A MAGNIFICENT MODERN GEM...! **NO CHAIN!** This splendid, stylish and sophisticated detached family-sized home is AS GOOD AS NEW! Occupying an enviable position in the heart of the popular village of Fernwood, close to a wide array of amenities and transport links. Including ease of access on...
Property Oracle says ..
This property is a 4-bedroom, 2-bathroom detached house located in Fernwood, Newark, Nottinghamshire. Based on the provided images, the property appears to be in excellent condition, recently built or very well maintained, with a modern and stylish interior. The kitchen and bathrooms are contemporary, and the property benefits from a good-sized garden with a patio area and outdoor entertaining space. There is also a garage. The location in Fernwood, Newark is a positive aspect. The proximity to schools, such as Chuter Ede Primary School (rated Outstanding), and The Newark Academy (rated Good), is attractive to families. While distances to Newark North Gate and Newark Castle train stations are provided, the ease of access and frequency of services would need further investigation. Considering the average house price in the area is £355,677 and the average price per square foot is £339, the listed price of £295,000 for this property seems reasonable, potentially even slightly below average considering its apparent condition and inclusion of a garage and garden. However, the lack of plot size information in square footage prevents a more precise assessment of land value. Nearby comparable properties support this pricing, although more precise square footage data for those properties would allow for a more accurate comparison.
Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 9
- Location
- 8
- Land
- 7
- Bedrooms
- 4
- Bathrooms
- 2
- Sqft (est)
- 145.64
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
- 323,281.00 £Increased by 6.31 %
- Est sale value
- 46,750.44 £Increased by 25.88 %
- Average area rental value
- 1,242.00 £/moIncreased by 19.54 %
- Est letting value
- 145.64 £/mo
- Est rental Yield
- 4.61 %Increased by 12.44 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Oliver Reilly created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Chuter Ede Primary School | Community School | Outstanding | 1.58 KM |
| The Suthers School | Free Schools | 1.71 KM | |
| Hope House School | Other Independent Special School | Inadequate | 2.12 KM |
| John Hunt Academy | Academy Converter | 2.73 KM | |
| The Newark Academy | Academy Sponsor Led | Good | 2.78 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Anson Drive | £ 375,000 | 0 | 0.00 KM |
| Buckminster Road | £ 270,000 | 0 | 0.00 KM |
| Slingsby Drive | £ 0 | 0 | 0.00 KM |
| Beaufort Close | £ 0 | 0 | 0.00 KM |
| Horsa Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newark North Gate | 6499 | NNG | 5.26 KM |
| Newark Castle | 6498 | NCT | 6.34 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Phoenix Lane, Fernwood, Newark | £ 295,000 | BUY | 8 / 10 | 0.00 KM |
| Halifax Road, Fernwood, Newark | £ 190,000 | BUY | 7 / 10 | 0.05 KM |
| Halifax Road, Fernwood | £ 270,000 | BUY | 7 / 10 | 0.06 KM |
| Halifax Road, Fernwood | £ 240,000 | BUY | 7 / 10 | 0.07 KM |
| Anson Drive, Fernwood | £ 250,000 | BUY | 8 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 18 Phoenix Lane | £ 195,000 | 0.33 KM |
| 7 Phoenix Lane | £ 280,000 | 0.33 KM |
| 4 Spring Drive | £ 161,500 | 0.36 KM |
| 3 Spring Drive | £ 57,500 | 0.36 KM |
| 2 Spring Drive | £ 149,000 | 0.36 KM |