Cormorant Wood, Newbury RG14 7WH
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Cormorant Wood, Newbury RG14 7WH

By Downer & Co

£ 215,000

Reviews

2 out of 5 stars

Downer & Co says ..

Ideal for investment or first time buyer. A very smart two double bedroom ground floor apartment located on this popular leafy development close to Newbury Racecourse and within walking distance of the station and town. The apartment has been updated by the current vendor including new floorin...

Property Oracle says ..

This two-bedroom, two-bathroom apartment in Cormorant Wood, Newbury, is presented as an attractive option for first-time buyers or investors. The property is situated close to Newbury Racecourse and the train station, offering convenient access to transportation. The apartment itself appears to be well-maintained and features a modern kitchen. While the pictures show a clean and updated interior, there’s limited information about the overall size and external amenities. Notably, the property is an apartment and lacks a garden, which might be a significant drawback for some buyers. The nearby schools present a mixed picture in terms of Ofsted ratings, suggesting buyers should verify the quality of local education before making a decision. The price of £215,000 is seemingly in line with comparable properties in the vicinity, making it a reasonably priced option within this segment of the Newbury housing market, especially when considering similar units on Cormorant Wood. Potential buyers should conduct thorough research to fully assess the property’s value and suitability to their needs. The lack of precise square footage information for nearby properties and for the property itself makes precise comparisons challenging but the available data points towards a fair listing price.

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
7
Condition
8
Location
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
612.00

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
358,606.00 £
Decreased by 9.74 %
from 397,302.00 £
Est sale value
274,176.00 £
Increased by 27.27 %
from 215,424.00 £
Average area rental value
1,448.00 £/mo
Increased by 6.78 %
from 1,356.00 £/mo
Est letting value
612.00 £/mo
Unchanged by 0.00 %
from 612.00 £/mo
Est rental Yield
4.85 %
Increased by 18.29 %
from 4.10 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Downer & Co marked this listing as sold.

  • Downer & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
The Willows Primary SchoolCommunity SchoolRequires improvement1.00 KM
Engaging PotentialOther Independent Special SchoolGood1.73 KM
St Joseph'S Catholic Primary SchoolVoluntary Aided SchoolGood1.85 KM
Fir Tree Primary School And NurseryAcademy Sponsor LedRequires improvement1.91 KM
St Gabriel'S SchoolOther Independent School2.10 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Popes Place £ 475,00000.00 KM
Fontwell Road £ 000.00 KM
Adey's Close £ 000.00 KM
Hectors Way £ 353,33300.00 KM
Arnhem Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newbury Racecourse3071NRC0.71 KM
Newbury3074NBY2.01 KM
Thatcham3152THA6.88 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cormorant Wood, Newbury RG14 7WH £ 215,000BUY5 / 100.00 KM
Newbury, Berkshire, RG14 £ 210,000BUY6 / 100.02 KM
Mandarin Drive, Newbury RG14 7WE £ 700,000BUY7 / 100.05 KM
Mandarin Drive, Newbury, RG14 7WE £ 240,000BUY5 / 100.05 KM
Mandarin Drive, Newbury, Berkshire, RG14 £ 400,000BUY7 / 100.08 KM

Nearby Properties

AddressPriceDistance
23 Cormorant Wood £ 198,0000.01 KM
26 Cormorant Wood £ 182,9950.01 KM
22 Cormorant Wood £ 229,9500.01 KM
21 Cormorant Wood £ 167,9950.01 KM
14 Cormorant Wood £ 207,0000.01 KM