14, Forster Avenue
14, Forster Avenue
Description & Estimates
14, Forster Avenue, Newark is recorded publicly as a mid-century leasehold apartment across 731 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 14, Forster Avenue, Newark is £74,339 and its rental estimate is £504 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
14, Forster Avenue, Newark has 31 entries in the Land Registry , most recently in August 2017 and a single entry in the EPC database dated May 2017.
We combine this information with that 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 14, Forster Avenue, Newark, we estimate a market value of £78,056 and a rental value of £529 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £69,135 and £469 per month respectively.
Recent Market Change
Over the last year, 14, Forster Avenue, Newark has seen its estimated sale value drop by £166 (0.2%) and its estimated rental value rise by £17 per month (3.3%). This results in an estimated gross rental yield of 8.1%.
Energy Efficiency
14, Forster Avenue, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 May 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 14, Forster Avenue, Newark completed on 18th August 2017 at £86,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 31.5% over the period since August 2017.
- Sold Aug 2017£86,000
- Sold Nov 2007£89,950
- Sold Apr 2003£64,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 14, 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 1st July 2024, was 9, Forster Avenue, Newark, NG24 4PF, a leasehold flat which sold for £60,000.
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, 14, Forster Avenue, Newark comes out as the 30th largest and the 30th most expensive in our analysis of the public data.
It is also £138k 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
More reading links
Public Transport Nearby
From 14, 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.
