2, Falstone Avenue
2, Falstone Avenue
Description & Estimates
2, Falstone Avenue, Newark is recorded publicly as an early-century freehold house across 1,485 ft2 of internal area, sitting on a 351 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Falstone Avenue, Newark is £338,603 and its rental estimate is £1,100 per month, given the available information and assuming reasonable condition.
Falstone Avenue, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
2, Falstone Avenue, Newark has 21 entries in the Land Registry , most recently in September 2015 and a single entry in the EPC database dated August 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2, Falstone Avenue, Newark, we estimate a market value of £355,533 and a rental value of £1,155 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £314,900 and £1,023 per month respectively.
Recent Market Change
Over the last year, 2, Falstone Avenue, Newark has seen its estimated sale value move down by £3,031 (0.9%) and its estimated rental value increase by £29 per month (2.6%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for 2, Falstone Avenue, Newark as measuring 351 m2.
That makes it the 10th largest plot in the postcode, where 10 of the 13 other houses have recorded plot data.
Energy Efficiency
2, Falstone Avenue, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Aug 2014.
The property is not 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 2, Falstone Avenue, Newark completed on 2nd September 2015 at £239,000 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 29.0% over the period since September 2015.
- Sold Sep 2015£239,000
- Sold May 2004£179,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Falstone Avenue, Newark have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2024, was 1, John Gold Avenue, Newark, NG24 1RU, a freehold house which sold for £342,500.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 13 addresses on Falstone Avenue, Newark, NG24, 2, Falstone Avenue, Newark comes out as the 9th largest and the 11th most expensive in our analysis of the public data.
It is also £127k more expensive than the average property across the NG24 district.
More reading links
Schools Nearby
- 600mBarnby Road Academy Primary and Nursery school
- 800mThe King's Church of England Primary Academy
- 1.0kmThe Sir Donald Bailey Academy
- 400mMagnus Church of England Academy
- 900mThe Newark Academy
- 3.2kmThe Suthers School
More reading links
Public Transport Nearby
From 2, Falstone Avenue, Newark, the nearest station is Newark Northgate, 1.7 kilometres away.
- 1.7kmNewark Northgate
- 1.8kmNewark Castle
- 6.8kmRolleston
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.
