20, Vernon Avenue
20, Vernon Avenue
Description & Estimates
20, Vernon Avenue, Newark is recorded publicly as a mid-century freehold house across 688 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 20, Vernon Avenue, Newark is £177,703 and its rental estimate is £873 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
20, Vernon Avenue, Newark has a single entry in the Land Registry from February 2011 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property 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 20, Vernon Avenue, Newark, we estimate a market value of £186,588 and a rental value of £917 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £165,263 and £812 per month respectively.
Recent Market Change
Over the last year, 20, Vernon Avenue, Newark has seen its estimated sale value drop by £2,143 (1.2%) and its estimated rental value rise by £20 per month (2.3%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
20, Vernon Avenue, Newark has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 20, Vernon Avenue, Newark completed on 25th February 2011 at £75,000 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 105.5% over the period since February 2011.
- Sold Feb 2011£75,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 20, Vernon Avenue, Newark have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th December 2023, was 9, Magdalene View, Newark, NG24 2HZ, a freehold house which sold for £150,000.
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, 20, Vernon Avenue, Newark comes out as the 26th largest and the 23rd most expensive in our analysis of the public data.
It is also £34k less 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 20, 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.
