Parkway, Newbury, Berkshire, RG14
Roots Estate Agency Ltd logo

Parkway, Newbury, Berkshire, RG14

By Roots Estate Agency Ltd

£ 215,000

Reviews

3 out of 5 stars

Roots Estate Agency Ltd says ..

A generous apartment forming part of the modern and convenient Parkway development in Newbury town centre. The property offers a reception room with an open plan kitchen, including a fridge, freezer, dishwasher, oven and hob, a Juliet balcony, a double bedroom, bathroom and plenty of storage.

Property Oracle says ..

The property is a 1-bedroom apartment located in Newbury, Berkshire. The apartment is modern and well-maintained, as shown in the provided images. It benefits from a small, private outdoor space. The location is excellent, with Newbury train station within easy reach, providing convenient access to London and other major towns. Several well-regarded schools are also nearby, making this an attractive option for families or those seeking convenient access to amenities and transport links. While the plot size is small, the private outdoor space adds value and is a desirable feature for an apartment. Considering the average price per square foot in the area is £359, and the list price of this 517 sqft apartment is £215,000, the price seems reasonable, potentially even slightly below average for the area, given the modern condition and convenient location. However, without precise square footage data for comparable properties, a definitive conclusion on price competitiveness cannot be reached. The provided nearby listings show a range of prices, some higher and some lower than the list price, indicating some variability in pricing within the area. Based on the information provided, the property appears to be a good value option in a desirable location.

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
8
Condition
9
Location
9
Land
3
Bedrooms
1
Bathrooms
1
Sqft (est)
516.67

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 %
from 288,504.00 £
Est sale value
165,851.07 £
Decreased by 5.59 %
from 175,667.80 £
Average area rental value
1,333.00 £/mo
Decreased by 3.62 %
from 1,383.00 £/mo
Est letting value
516.67 £/mo
Unchanged by 0.00 %
from 516.67 £/mo
Est rental Yield
6.56 %
Increased by 14.09 %
from 5.75 %
Crime Rate
18.00 %
Unchanged by 0.00 %
from 18.00 %

Agent Activity

  • Roots Estate Agency Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Victoria Park Nursery School & Family HubLocal Authority Nursery SchoolOutstanding0.16 KM
West Family Hub - NewburyChildren's Centre0.16 KM
Speenhamland SchoolAcademy ConverterRequires improvement0.57 KM
The Winchcombe SchoolCommunity SchoolGood0.68 KM
St Nicolas C.E. Junior SchoolVoluntary Aided SchoolGood0.89 KM

Images

Picture No. 07 Picture No. 05 Picture No. 03 Picture No. 04 Picture No. 02 Picture No. 01 Picture No. 06 Picture No. 09

Nearby Streets

NameAverage PriceAverage SqftDistance
Jack Street £ 000.00 KM
Bridge Street £ 000.00 KM
Wharf Road £ 000.00 KM
A339 £ 000.00 KM
Rowan Drive £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newbury3074NBY0.77 KM
Newbury Racecourse3071NRC1.77 KM
Thatcham3152THA8.86 KM

Nearby Listings

AddressPriceTypeScoreDistance
MELVILLE, PARK WAY £ 175,000BUY6 / 100.00 KM
Parkway, Newbury, Berkshire, RG14 £ 215,000BUY7 / 100.00 KM
Park Way, Newbury, Berkshire, RG14 £ 249,950BUY7 / 100.00 KM
Park Way, Newbury, Berkshire, RG14 £ 259,000BUY6 / 100.01 KM
Park Way, Newbury, RG14 £ 210,000BUY5 / 100.07 KM

Nearby Properties

AddressPriceDistance
1 Park Terrace £ 329,9500.06 KM
4 Park Terrace £ 267,0000.06 KM
12 Park Terrace £ 395,0000.07 KM
11 Park Terrace £ 218,5000.07 KM
6 Park Terrace £ 330,0000.07 KM