Linseed Avenue, Newark
JO

Linseed Avenue, Newark

By Jon Brambles

£ 70,000

Reviews

2 out of 5 stars

Jon Brambles says ..

GUIDE PRICE: £70,000 to £77,500. A two bedroom mid terraced property offered for sale on a 50% Shared Ownership basis. In addition to the two double bedrooms, there is an excellent sized lounge, a breakfast kitchen and a first floor bathroom. The property has two allocated parking s...

Property Oracle says ..

This two-bedroom terraced house in Newark, Nottinghamshire, is listed at £70,000. The property is located on Linseed Avenue, Bridge, within a relatively short distance of Newark North Gate railway station. The surrounding area has several schools, including the well-regarded Bishop Alexander L.E.A.D. Academy. The property itself offers a modest interior with a living room, kitchen, bathroom, and two bedrooms. While the photographs suggest the property is habitable, some cosmetic upgrades and modernisations could enhance the overall appeal and increase potential value. The presence of a small rear garden provides a degree of private outdoor space. Nearby property prices range significantly, from £42,000 to £197,500, indicating considerable price variation within Linseed Avenue itself. The £70,000 asking price falls within the lower range of these prices, but the substantial price differences on nearby properties suggest a need for a thorough market analysis before making a purchase decision. Further investigation into the specific shared ownership details, and potential associated costs, is recommended.

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
6
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
622.00

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
320,968.00 £
Decreased by 12.07 %
from 365,009.00 £
Est sale value
219,566.00 £
Decreased by 10.63 %
from 245,690.00 £
Average area rental value
1,437.00 £/mo
Decreased by 3.56 %
from 1,490.00 £/mo
Est letting value
622.00 £/mo
Unchanged by 0.00 %
from 622.00 £/mo
Est rental Yield
5.37 %
Increased by 9.59 %
from 4.90 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Jon Brambles marked this listing as sold.

  • Jon Brambles created the listing.

Nearby Schools

NameTypeOfstedDistance
Bridge Children'S CentreChildren's Centre0.47 KM
Bishop Alexander L.E.A.D. AcademyAcademy Sponsor LedGood0.50 KM
Lovers Lane Primary And Nursery SchoolCommunity SchoolRequires improvement1.74 KM
Winthorpe Primary SchoolAcademy Converter1.97 KM
Barnby Road Academy Primary And Nursery SchoolAcademy Converter2.20 KM

Images

Front Lounge Lounge Kitchen Kitchen Bedroom Garden Bedroom Bathroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Harvest Drive £ 000.00 KM
Chestnut Avenue £ 190,00000.00 KM
Clifton Crescent £ 210,00000.00 KM
Pine Close £ 000.00 KM
Fenton Close £ 145,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Newark North Gate6499NNG1.42 KM
Newark Castle6498NCT2.70 KM
Collingham6349CLM7.41 KM

Nearby Listings

AddressPriceTypeScoreDistance
Linseed Avenue , Newark £ 170,000BUYUnknown0.01 KM
Farmers Walk, Newark £ 180,000BUYUnknown0.04 KM
Lincoln Road, Newark on Trent, Newark £ 325,000BUY4 / 100.06 KM
Farmers Walk, Newark, NG24 £ 180,000BUY6 / 100.07 KM
Norman Avenue, Newark, NG24 £ 325,000BUY8 / 100.21 KM

Nearby Properties

AddressPriceDistance
14 Linseed Avenue £ 125,0000.01 KM
35 Linseed Avenue £ 42,0000.01 KM
8 Linseed Avenue £ 150,0000.01 KM
1 Linseed Avenue £ 197,5000.01 KM
2 Linseed Avenue £ 148,5000.01 KM