Petersmith Drive, New Ollerton, Newark
CL

Petersmith Drive, New Ollerton, Newark

By Clark Estates

£ 145,000

Reviews

2 out of 5 stars

Clark Estates says ..

This semi-detached house on Petersmith Drive is an ideal investors property as some renovations are required. briefly comprising of three bedrooms, two bathrooms, providing ample facilities for busy mornings and ensuring privacy for all residents. The semi-detached design allows for a sense of co...

Property Oracle says ..

This property is a 3-bedroom semi-detached house located in New Ollerton, Newark. The location is reasonably good, with several schools within a kilometre radius, including The Dukeries Academy and The Parkgate Academy, both rated as ‘Good’ by Ofsted. However, information on nearby transportation is lacking. The property itself requires significant renovation. Walls need replastering, and flooring needs replacing throughout. The kitchen and bathrooms are dated and would benefit from modernization. The garden is present but requires attention. The list price of £145,000 is slightly below the average price for the area (£190,926), but considering the extensive renovations needed, it may be considered a fair price. However, the average price per square foot in the area is £207, and this property is significantly smaller than average, which may influence the final valuation. Nearby comparable properties range in price from £76,000 to £160,000, reflecting the variability in condition and size within the area.

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
6
Condition
3
Location
6
Land
5
Bedrooms
3
Bathrooms
2
Sqft (est)
760.00

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
179,998.00 £
Decreased by 7.29 %
from 194,153.00 £
Est sale value
333,640.00 £
Increased by 119.50 %
from 152,000.00 £
Average area rental value
789.00 £/mo
Decreased by 11.55 %
from 892.00 £/mo
Est letting value
760.00 £/mo
from 0.00 £/mo
Est rental Yield
5.26 %
Decreased by 4.54 %
from 5.51 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Clark Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
The Dukeries AcademyAcademy Sponsor LedGood0.62 KM
The Parkgate AcademyAcademy Sponsor LedGood0.62 KM
Ollerton & Boughton Children'S CentreChildren's Centre0.69 KM
St Joseph'S Catholic Primary And Nursery SchoolAcademy ConverterGood1.33 KM
The Forest View AcademyAcademy ConverterGood1.37 KM

Images

20250408_162715.jpg 20250408_171613.jpg 20250408_173016.jpg 20250408_171646.jpg 20250408_171631.jpg 20250408_171441.jpg 20250408_171601.jpg 20250408_171605.jpg 20250408_171457.jpg 20250408_173007.jpg 20250408_172943.jpg 20250408_172937.jpg 20250408_172916.jpg 20250408_172958.jpg 20250408_173437.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Lily Way £ 220,00000.00 KM
Poppy Avenue £ 180,00000.00 KM
Birkdale Avenue £ 100,00000.00 KM
Parkgate Close £ 000.00 KM
Barley Close £ 168,33300.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Petersmith Drive, New Ollerton, Newark £ 145,000BUY5 / 100.00 KM
Petersmith Drive, New Ollerton, Newark £ 150,000BUY5 / 100.04 KM
Canary Grove, New Ollerton, NEWARK £ 210,000BUY7 / 100.07 KM
Parkgate Close, Ollerton £ 165,000BUY7 / 100.07 KM
Parkgate Close, Ollerton £ 225,000BUY7 / 100.08 KM

Nearby Properties

AddressPriceDistance
109 Petersmith Drive £ 126,0000.04 KM
111 Petersmith Drive £ 96,5000.04 KM
117 Petersmith Drive £ 78,0000.04 KM
113 Petersmith Drive £ 123,0000.04 KM
135 Petersmith Drive £ 76,0000.04 KM