Park Way, Newbury, Berkshire, RG14
By Jones Robinson Estate Agents
£ 62,500
Reviews
3 out of 5 stars
Jones Robinson Estate Agents says ..
** Virtual tour available ** 25% Shared Ownership ** A delightful TWO DOUBLE BEDROOM apartment, featuring a PRIVATE TERRACE, lift access and opportunities to buy at a personalised share.
Property Oracle says ..
This two-bedroom apartment located in Newbury, Berkshire is presented as a 25% shared ownership opportunity. The property is situated in Newbury Central, near Newbury train station, offering convenient access to transport links. It also benefits from proximity to several schools including Victoria Park Nursery School (Outstanding Ofsted rating) and others with varying ratings, giving potential buyers options. The interior of the apartment looks modern and well-maintained based on the photos, featuring a contemporary kitchen and bathroom. While the images suggest a clean and updated finish, a physical viewing would be essential to assess the full condition and confirm the quality of workmanship. A significant drawback is the limited outdoor space, consisting of only a shared garden area. The list price of £62,500 is relatively competitive for a shared ownership property in this area, but more comprehensive local pricing data would be needed for a more conclusive evaluation of value. The absence of specific details about the shared ownership terms (e.g., service charges, lease length, percentage buy-out options) and the lack of plot size information prevent a complete financial assessment. Potential buyers should carefully review the shared ownership agreement and seek independent financial advice before committing to a purchase.
Therefore, we give this property 6 / 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
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 646.91
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
- 243,889.00 £Decreased by 15.46 %
- Est sale value
- 207,658.11 £Decreased by 5.59 %
- Average area rental value
- 1,333.00 £/moDecreased by 3.62 %
- Est letting value
- 646.91 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.56 %Increased by 14.09 %
- Crime Rate
- 42.00 %Unchanged by 0.00 %
Agent Activity
Jones Robinson Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Victoria Park Nursery School & Family Hub | Local Authority Nursery School | Outstanding | 0.32 KM |
| West Family Hub - Newbury | Children's Centre | 0.32 KM | |
| Speenhamland School | Academy Converter | Requires improvement | 0.43 KM |
| The Winchcombe School | Community School | Good | 0.73 KM |
| St Nicolas C.E. Junior School | Voluntary Aided School | Good | 0.87 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Jack Street | £ 0 | 0 | 0.00 KM |
| Bridge Street | £ 0 | 0 | 0.00 KM |
| Wharf Road | £ 0 | 0 | 0.00 KM |
| Rowan Drive | £ 0 | 0 | 0.00 KM |
| Brindle Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newbury | 3074 | NBY | 0.79 KM |
| Newbury Racecourse | 3071 | NRC | 1.92 KM |
| Thatcham | 3152 | THA | 9.02 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Park Way, Newbury, Berkshire, RG14 | £ 62,500 | BUY | 6 / 10 | 0.00 KM |
| Park Way, Newbury, Berkshire, RG14 | £ 250,000 | BUY | Unknown | 0.00 KM |
| Park Street, Newbury, RG14 | £ 185,000 | BUY | 6 / 10 | 0.04 KM |
| Northbrook Street, Newbury, Berkshire, RG14 | £ 250,000 | BUY | 5 / 10 | 0.06 KM |
| Newbury, Berkshire, RG14 | £ 56,250 | BUY | Unknown | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 7 London Road | £ 132,500 | 0.12 KM |
| 5 London Road | £ 90,000 | 0.12 KM |
| 1 Park Terrace | £ 329,950 | 0.21 KM |
| 4 Park Terrace | £ 267,000 | 0.21 KM |
| 7 Park Terrace | £ 325,000 | 0.21 KM |