28, Newstead Avenue
28, Newstead Avenue
Description & Estimates
28, Newstead Avenue, Newark is described in the public record as a modern house with 688 ft2 of internal area, sitting on a 365 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 28, Newstead Avenue, Newark is £146,761 and its rental estimate is £838 per month, given the available information and assuming reasonable condition.
Newstead Avenue, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
28, Newstead Avenue, Newark has no records in the the Land Registry and a single entry in the EPC database dated April 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 28, Newstead Avenue, Newark, we estimate a market value of £154,099 and a rental value of £879 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £136,487 and £779 per month respectively.
Recent Market Change
Over the last year, 28, Newstead Avenue, Newark has seen its estimated sale value decrease by £1,770 (1.2%) and its estimated rental value grow by £19 per month (2.3%). This results in an estimated gross rental yield of 6.8%.
Plot Size
HM Land Registry records the plot of land for 28, Newstead Avenue, Newark as measuring 365 m2.
That makes it the largest plot in the postcode, where 10 of the 20 other houses have recorded plot data.
Energy Efficiency
28, Newstead Avenue, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Apr 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 28, Newstead Avenue, Newark have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th July 2024, was 12A Friary Mews, Appleton Gate, Newark, NG24 1LF, a freehold house which sold for £126,000.
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 20 addresses on Newstead Avenue, Newark, NG24, 28, Newstead Avenue, Newark comes out as the 19th largest and the 19th most expensive in our analysis of the public data.
It is also £65k less expensive than the average property across the NG24 district.
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Schools Nearby
- 400mLovers Lane Primary and Nursery School
- 500mMount CofE Primary School
- 800mBarnby Road Academy Primary and Nursery school
- 1.1kmMagnus Church of England Academy
- 2.0kmThe Newark Academy
- 4.4kmThe Suthers School
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Public Transport Nearby
From 28, Newstead Avenue, Newark, the nearest station is Newark Northgate, 400 metres away.
- 400mNewark Northgate
- 900mNewark Castle
- 6.7kmRolleston
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.
