11, Forster Avenue
11, Forster Avenue
Description & Estimates
11, Forster Avenue, Newark is described in the public record as a mid-century apartment with 678 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 11, Forster Avenue, Newark is £71,986 and its rental estimate is £496 per month, given the available information and assuming reasonable condition.
Forster Avenue, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
11, Forster Avenue, Newark has no records in the the Land Registry and a single entry in the EPC database dated June 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 11, Forster Avenue, Newark, we estimate a market value of £75,585 and a rental value of £520 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £66,947 and £461 per month respectively.
Recent Market Change
Over the last year, 11, Forster Avenue, Newark has seen its estimated sale value fall by £161 (0.2%) and its estimated rental value move up by £16 per month (3.3%). This results in an estimated gross rental yield of 8.3%.
Energy Efficiency
11, Forster Avenue, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 11, Forster Avenue, Newark have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th March 2022, was 12, Forster Avenue, Newark, NG24 4PF, a leasehold flat which sold for £83,250.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 44 addresses on Forster Avenue, Newark, NG24, 11, Forster Avenue, Newark comes out as the 42nd largest and the 43rd most expensive in our analysis of the public data.
It is also £140k less expensive than the average property across the NG24 district.
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Schools Nearby
- 700mThe Sir Donald Bailey Academy
- 1.0kmThe King's Church of England Primary Academy
- 1.1kmHoly Trinity Catholic Voluntary Academy
- 1.4kmMagnus Church of England Academy
- 2.2kmThe Newark Academy
- 3.5kmThe Suthers School
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Public Transport Nearby
From 11, Forster Avenue, Newark, the nearest station is Newark Castle, 2.2 kilometres away.
- 2.2kmNewark Castle
- 2.7kmNewark Northgate
- 5.4kmRolleston
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
