47, Edward Avenue
47, Edward Avenue
Description & Estimates
According to the public record, 47, Edward Avenue, Newark is a modern freehold house with 581 ft2 of internal area and sits on a 107 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 47, Edward Avenue, Newark is £137,638 and the estimated rental value is £750 per month.
Edward Avenue, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
Our Data Sources
47, Edward Avenue, Newark has 21 entries in the Land Registry , most recently in February 2023 and a single entry in the EPC database dated February 2021.
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 47, Edward Avenue, Newark is in very good condition we estimate a sale value of £144,520 and a rental value of £788 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £128,003 and a rental value of £698 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 47, Edward Avenue, Newark has moved down by £2,170 (1.6%), while its estimated rental value has increased by £14 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 6.5%.
Plot Size
According to data from HM Land Registry, 47, Edward Avenue, Newark sits on a plot of 107 m2.
We have plot size data on 32 out of 44 other houses in the postcode and 47, Edward Avenue, Newark sits on the 22nd largest plot.
Energy Efficiency
47, Edward Avenue, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Feb 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 47, Edward Avenue, Newark was last sold on 10th February 2023 for £161,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2023, the market for similar properties has risen by 2.8%.
- Sold Feb 2023£161,500
- Sold Dec 1995£44,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Edward Avenue, Newark within a radius of 590 metres over the last 2 years.
The most recent example is 38, Edward Avenue, Newark, NG24 4UZ, a freehold house which sold for £140,000 on the 22nd October 2021.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Edward Avenue, Newark, NG24 has a total of 44 addresses. According to our analysis of all the public data, 47, Edward Avenue, Newark is the 18th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in NG24.
More reading links
Schools Nearby
- 100mChrist Church C of E Primary School
- 400mHoly Trinity Catholic Voluntary Academy
- 700mMount CofE Primary School
- 1.1kmMagnus Church of England Academy
- 2.3kmThe Newark Academy
- 4.4kmThe Suthers School
More reading links
Public Transport Nearby
The closest station to 47, Edward Avenue, Newark is Newark Castle station, which is 800 metres away.
- 800mNewark Castle
- 1.4kmNewark Northgate
- 5.6kmRolleston
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
