Cormack Lane, Fernwood, Newark
By Oliver Reilly
£ 240,000
Reviews
3 out of 5 stars
Oliver Reilly says ..
Guide Price: £240,000-£250,000. A FANTASTIC VERSATILE HOME! Take a look at this excellent modern END terrace home. Pleasantly positioned within a highly renowned residential location, in the heart of Fernwood. Benefiting from NO LOCAL SERVICE CHARGES! This attractive contemporary home pro...
Property Oracle says ..
The property is located in Fernwood, Newark, Nottinghamshire. Based on the provided information and images, the property appears to be in good condition, with a modern kitchen and bathrooms. The property also benefits from a rear garden, which is a desirable feature for many buyers. The list price of £240,000 seems reasonable when considering the similar properties in the area. While precise square footage for comparable properties is not provided, the available data suggests that the property is priced competitively within its immediate vicinity. The presence of a garden adds to its value. The proximity to schools (The Suthers School is 0.79km away) and transportation links (Newark North Gate station is 5.36km away) further enhances its appeal and justifies the asking price.
Therefore, we give this property 7 / 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
- 7
- Bedrooms
- 4
- Bathrooms
- 2
- Sqft (est)
- 163.61
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
- 52,518.81 £Increased by 25.88 %
- Average area rental value
- 1,242.00 £/moIncreased by 19.54 %
- Est letting value
- 163.61 £/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 |
|---|---|---|---|
| The Suthers School | Free Schools | 0.79 KM | |
| Chuter Ede Primary School | Community School | Outstanding | 1.62 KM |
| Hope House School | Other Independent Special School | Inadequate | 2.48 KM |
| John Hunt Academy | Academy Converter | 2.54 KM | |
| The Newark Academy | Academy Sponsor Led | Good | 2.74 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Brumpton Gardens | £ 250,000 | 0 | 0.00 KM |
| Dakota Drive | £ 0 | 0 | 0.00 KM |
| The Newalnds | £ 0 | 0 | 0.00 KM |
| Harpswell Way | £ 0 | 0 | 0.00 KM |
| Horsa Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newark North Gate | 6499 | NNG | 5.36 KM |
| Newark Castle | 6498 | NCT | 6.26 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Cormack Lane, Fernwood, Newark | £ 240,000 | BUY | 7 / 10 | 0.00 KM |
| Cormack Lane, Fernwood, Newark | £ 280,000 | BUY | 7 / 10 | 0.01 KM |
| Cormack Lane, Fernwood | £ 250,000 | BUY | 6 / 10 | 0.05 KM |
| Cameron Lane, Fernwood, Newark | £ 260,000 | BUY | 7 / 10 | 0.10 KM |
| Cameron Lane, Fernwood | £ 250,000 | BUY | 7 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 6 Cormack Lane | £ 105,995 | 0.01 KM |
| 9 Cormack Lane | £ 190,000 | 0.01 KM |
| 5 Cormack Lane | £ 156,000 | 0.01 KM |
| 7 Cormack Lane | £ 150,000 | 0.01 KM |
| 1 Cormack Lane | £ 168,000 | 0.01 KM |