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
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Metrics Year-on-Year
- Average area value
- 320,968.00 £Decreased by 12.07 %
- Est sale value
- 219,566.00 £Decreased by 10.63 %
- Average area rental value
- 1,437.00 £/moDecreased by 3.56 %
- Est letting value
- 622.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.37 %Increased by 9.59 %
- Crime Rate
- 13.00 %Unchanged by 0.00 %
Agent Activity
Jon Brambles marked this listing as sold.
Jon Brambles created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bridge Children'S Centre | Children's Centre | 0.47 KM | |
| Bishop Alexander L.E.A.D. Academy | Academy Sponsor Led | Good | 0.50 KM |
| Lovers Lane Primary And Nursery School | Community School | Requires improvement | 1.74 KM |
| Winthorpe Primary School | Academy Converter | 1.97 KM | |
| Barnby Road Academy Primary And Nursery School | Academy Converter | 2.20 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Harvest Drive | £ 0 | 0 | 0.00 KM |
| Chestnut Avenue | £ 190,000 | 0 | 0.00 KM |
| Clifton Crescent | £ 210,000 | 0 | 0.00 KM |
| Pine Close | £ 0 | 0 | 0.00 KM |
| Fenton Close | £ 145,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newark North Gate | 6499 | NNG | 1.42 KM |
| Newark Castle | 6498 | NCT | 2.70 KM |
| Collingham | 6349 | CLM | 7.41 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Linseed Avenue , Newark | £ 170,000 | BUY | Unknown | 0.01 KM |
| Farmers Walk, Newark | £ 180,000 | BUY | Unknown | 0.04 KM |
| Lincoln Road, Newark on Trent, Newark | £ 325,000 | BUY | 4 / 10 | 0.06 KM |
| Farmers Walk, Newark, NG24 | £ 180,000 | BUY | 6 / 10 | 0.07 KM |
| Norman Avenue, Newark, NG24 | £ 325,000 | BUY | 8 / 10 | 0.21 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 14 Linseed Avenue | £ 125,000 | 0.01 KM |
| 35 Linseed Avenue | £ 42,000 | 0.01 KM |
| 8 Linseed Avenue | £ 150,000 | 0.01 KM |
| 1 Linseed Avenue | £ 197,500 | 0.01 KM |
| 2 Linseed Avenue | £ 148,500 | 0.01 KM |