17, Penswick Grove
17, Penswick Grove
Description & Estimates
Public records show 17, Penswick Grove, Newark to be a modern freehold house with 818 ft2 of internal area, sitting on a 538 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
17, Penswick Grove, Newark has an estimated sale value of £266,189 and an estimated rental value of £910 per month, assuming reasonable condition and based on the information available.
Penswick Grove, Coddington, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
Our Data Sources
17, Penswick Grove, Newark has 21 entries in the Land Registry , most recently in October 2020 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 17, Penswick Grove, Newark would be worth £279,499, with a potential rental value of £955 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £247,556, with a rental value of £846 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 17, Penswick Grove, Newark has declined by £3,210 (1.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £21 (2.3%). The property's estimated gross yield is currently 4.1%.
Plot Size
17, Penswick Grove, Newark occupies a 538 m2 plot as recorded by HM Land Registry.
All 20 other houses in this postcode have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
17, Penswick Grove, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
17, Penswick Grove, Newark last changed hands on 20th October 2020, selling for £217,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 9.0% since October 2020.
- Sold Oct 2020£217,500
- Sold May 1997£71,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.6 kilometres of 17, Penswick Grove, Newark across the last 2 years.
Most recently, 15, Penswick Grove, Newark, NG24 2QL, a freehold house, sold at £250,000 on the 5th August 2024.
Read more about house prices in NG24.
- Sold Aug 2024£250,000 | 3 Bed House15, Penswick Grove, Newark, NG24 2QL15, Penswick Grove, Newark, NG24 2QL
- Sold Oct 2020£215,000 | 3 Bed House1, Penswick Grove, Newark, NG24 2QL1, Penswick Grove, Newark, NG24 2QL
- Sold Jun 2020£225,000 | 3 Bed House20, Penswick Grove, Newark, NG24 2QL20, Penswick Grove, Newark, NG24 2QL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 17, Penswick Grove, Newark as the 7th largest and the 8th most expensive of the 20 addresses on Penswick Grove, Coddington, Newark, NG24.
Against the NG24 postcode district average, it is £54k more expensive than the typical property.
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Schools Nearby
- 600mCoddington CofE Primary and Nursery School
- 2.0kmBarnby Road Academy Primary and Nursery school
- 2.3kmBishop Alexander L.E.A.D. Academy
- 2.4kmThe Newark Academy
- 2.7kmMagnus Church of England Academy
- 4.4kmThe Suthers School
More reading links
Public Transport Nearby
Newark Northgate station is the nearest stop to 17, Penswick Grove, Newark at 2.1 kilometres away.
- 2.1kmNewark Northgate
- 3.0kmNewark Castle
- 7.1kmCollingham
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
