Monks Lane, Newbury, RG14
CR

Monks Lane, Newbury, RG14

By Cricketts Of Berkshire

£ 550,000

Reviews

3 out of 5 stars

Cricketts Of Berkshire says ..

SHARE OF THE FREEHOLD; PERFECT DOWNSIZE. Welcome to this exquisite and elegant three-bedroom  apartment in Abbeydale, an exceptional residence offering a blend of luxury, security, and convenience. Accessed via impressive wrought iron electronically remote-controlled gates, this property ...

Property Oracle says ..

This three-bedroom apartment in Newbury, located on Monks Lane in the Wash Common area, presents a desirable option for buyers seeking a comfortable and well-maintained property. The apartment’s internal condition appears excellent based on the images, showcasing a modern and updated interior with a recently decorated kitchen and bathrooms. The communal gardens provide an attractive outdoor space, exceeding the typical offerings of apartments. The location in Newbury is advantageous, offering access to local amenities, schools, and transport links. However, the listing lacks specific information regarding the apartment’s plot size which may affect overall value. Furthermore, the absence of a private garden, and the reliance on communal space, may influence the preferences of potential buyers.

The property’s price of £550,000 aligns with other similar-priced listings in the immediate vicinity, but comparative analysis of sold prices for apartments with similar features would aid in a more conclusive assessment of value for money. Therefore, it is advisable to consult recent sold data for similar properties to make a fully informed decision. The lack of precise plot size in the property listing is also a noteworthy factor. Buyers should request clarification on this and the exact nature of the shared ownership if it is not explicitly stated. Overall, this apartment represents a well-presented, convenient option within a desirable location; although further due diligence is recommended before committing to a purchase.

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
6
Bedrooms
3
Bathrooms
2
Sqft (est)
1,195.87

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
521,250.00 £
Increased by 3.35 %
from 504,333.00 £
Est sale value
509,440.62 £
Increased by 27.93 %
from 398,224.71 £
Average area rental value
2,075.00 £/mo
Increased by 13.39 %
from 1,830.00 £/mo
Est letting value
1,195.87 £/mo
Unchanged by 0.00 %
from 1,195.87 £/mo
Est rental Yield
4.78 %
Increased by 9.89 %
from 4.35 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Cricketts Of Berkshire created the listing.

Nearby Schools

NameTypeOfstedDistance
Newbury CollegeFurther EducationGood0.56 KM
St John The Evangelist C.E. Nursery And Infant SchVoluntary Aided SchoolGood0.73 KM
Highwood Copse Primary SchoolFree Schools0.82 KM
St Bartholomew'S SchoolAcademy ConverterGood0.94 KM
Icollege Alternative ProvisionPupil Referral UnitGood0.98 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Robins Close £ 000.00 KM
Cedar Mount £ 000.00 KM
Newtown Road £ 000.00 KM
Carnarvon Place £ 000.00 KM
Fairview £ 285,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Newbury3074NBY1.49 KM
Newbury Racecourse3071NRC2.63 KM
Thatcham3152THA9.36 KM

Nearby Listings

AddressPriceTypeScoreDistance
Monks Lane, Newbury, RG14 £ 550,000BUY7 / 100.00 KM
Monks Lane, Newbury, RG14 £ 700,000BUY6 / 100.03 KM
Robins Close, Newbury, Berkshire, RG14 £ 465,000BUY7 / 100.13 KM
Charter Road, Newbury, Berkshire, RG14 £ 475,000BUY6 / 100.19 KM
Monks Lane, Newbury £ 650,000BUYUnknown0.23 KM

Nearby Properties

AddressPriceDistance
30 Monks Lane £ 705,0000.05 KM
31 Monks Lane £ 475,0000.05 KM
32 Monks Lane £ 388,0000.05 KM
25 Monks Lane £ 390,0000.05 KM
28 Monks Lane £ 700,0000.05 KM