4, Penswick Grove
4, Penswick Grove
Description & Estimates
According to the public record, 4, Penswick Grove, Newark is a modern freehold house with 559 ft2 of internal area and sits on a 241 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Penswick Grove, Newark is £213,906 and the estimated rental value is £741 per month.
Penswick Grove, Coddington, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
Our Data Sources
4, Penswick Grove, Newark has 2 entries in the Land Registry , most recently in June 2013 and a single entry in the EPC database dated April 2013.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 4, Penswick Grove, Newark is in very good condition we estimate a sale value of £224,602 and a rental value of £778 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £198,933 and a rental value of £689 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4, Penswick Grove, Newark has fallen by £3,372 (1.6%), while its estimated rental value has moved up by £14 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 4.2%.
Plot Size
According to data from HM Land Registry, 4, Penswick Grove, Newark sits on a plot of 241 m2.
We have plot size data on 20 out of 20 other houses in the postcode and 4, Penswick Grove, Newark sits on the 17th largest plot.
Energy Efficiency
4, Penswick Grove, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Apr 2013.
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
According to HM Land Registry, 4, Penswick Grove, Newark was last sold on 25th June 2013 for £149,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2013, the market for similar properties has risen by 43.4%.
- Sold Jun 2013£149,950
- Sold Dec 2010£135,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Penswick Grove, Newark within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 8, Penswick Grove, Newark, NG24 2QL, a freehold house which sold for £190,000 on the 25th April 2019.
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
Penswick Grove, Coddington, Newark, NG24 has a total of 20 addresses. According to our analysis of all the public data, 4, Penswick Grove, Newark is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £2k more expensive than the average property in NG24.
More reading links
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
The closest station to 4, Penswick Grove, Newark is Newark Northgate station, which is 2.1 kilometres away.
- 2.1kmNewark Northgate
- 3.0kmNewark Castle
- 7.1kmCollingham
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
