2, Green Avenue
2, Green Avenue
Description & Estimates
2, Green Avenue, Newark is recorded publicly as a modern freehold house across 990 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Green Avenue, Newark is £249,744 and its rental estimate is £1,052 per month, given the available information and assuming reasonable condition.
Green Avenue, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
2, Green Avenue, Newark has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated August 2022.
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
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, Green Avenue, Newark, we estimate a market value of £262,231 and a rental value of £1,105 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £232,262 and £978 per month respectively.
Recent Market Change
Over the last year, 2, Green Avenue, Newark has seen its estimated sale value decrease by £3,011 (1.2%) and its estimated rental value grow by £24 per month (2.3%). This results in an estimated gross rental yield of 5.1%.
Energy Efficiency
2, Green Avenue, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Aug 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Green Avenue, Newark completed on 15th September 2022 at £254,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 11.9% over the period since September 2022.
- Sold Sep 2022£254,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Green Avenue, Newark have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th August 2023, was 5, Green Avenue, Newark, NG24 4FY, a freehold house which sold for £231,995.
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 20 addresses on Green Avenue, Newark, NG24, 2, Green Avenue, Newark comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £38k more expensive than the average property across the NG24 district.
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Schools Nearby
- 400mThe Sir Donald Bailey Academy
- 600mThe King's Church of England Primary Academy
- 1.1kmJohn Hunt Academy
- 600mMagnus Church of England Academy
- 1.1kmThe Newark Academy
- 3.0kmThe Suthers School
More reading links
Public Transport Nearby
From 2, Green Avenue, Newark, the nearest station is Newark Castle, 2.0 kilometres away.
- 2.0kmNewark Castle
- 2.1kmNewark Northgate
- 6.4kmRolleston
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
