16, Vernon Avenue
16, Vernon Avenue
Description & Estimates
16, Vernon Avenue, Newark appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,397 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 16, Vernon Avenue, Newark is £258,901 and its rental estimate is £1,115 per month, given the available information and assuming reasonable condition.
Vernon Avenue, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
16, Vernon Avenue, Newark has 21 entries in the Land Registry , most recently in September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 16, Vernon Avenue, Newark, we estimate a market value of £271,846 and a rental value of £1,170 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £240,778 and £1,037 per month respectively.
Recent Market Change
Over the last year, 16, Vernon Avenue, Newark has seen its estimated sale value move down by £2,318 (0.9%) and its estimated rental value increase by £29 per month (2.6%). This results in an estimated gross rental yield of 5.2%.
Sold Prices
The most recent sale of 16, Vernon Avenue, Newark completed on 28th September 2007 at £175,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 83.1% over the period since September 2007.
- Sold Sep 2007£175,000
- Sold Jun 2002£74,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Vernon Avenue, Newark have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th June 2025, was 15, The Gateway, Newark, NG24 1TZ, a freehold house which sold for £262,000.
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 28 addresses on Vernon Avenue, Newark, NG24, 16, Vernon Avenue, Newark comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £47k more expensive than the average property across the NG24 district.
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Schools Nearby
- 400mBarnby Road Academy Primary and Nursery school
- 700mMount CofE Primary School
- 800mLovers Lane Primary and Nursery School
- 800mMagnus Church of England Academy
- 1.6kmThe Newark Academy
- 4.0kmThe Suthers School
More reading links
Public Transport Nearby
From 16, Vernon Avenue, Newark, the nearest station is Newark Northgate, 800 metres away.
- 800mNewark Northgate
- 1.2kmNewark Castle
- 6.9kmRolleston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
