8, Parsons Close
8, Parsons Close
Description & Estimates
8, Parsons Close, Newbury is recorded publicly as a mid-century leasehold apartment across 495 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 8, Parsons Close, Newbury is £168,476 and its rental estimate is £917 per month, given the available information and assuming reasonable condition.
Parsons Close, Newbury, RG14 falls within the RG14 postal district.
Our Data Sources
8, Parsons Close, Newbury has 21 entries in the Land Registry , most recently in August 2018 and a single entry in the EPC database dated March 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 8, Parsons Close, Newbury, we estimate a market value of £176,900 and a rental value of £962 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £156,683 and £852 per month respectively.
Recent Market Change
Over the last year, 8, Parsons Close, Newbury has seen its estimated sale value decrease by £3,935 (2.3%) and its estimated rental value grow by £22 per month (2.4%). This results in an estimated gross rental yield of 6.5%.
Energy Efficiency
8, Parsons Close, Newbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Mar 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Parsons Close, Newbury completed on 20th August 2018 at £168,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 0.6% over the period since August 2018.
- Sold Aug 2018£168,000
- Sold Jul 2005£105,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Parsons Close, Newbury have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st May 2024, was 12, Puffers Way, Newbury, RG14 5NB, a leasehold flat which sold for £195,000.
Read more about house prices in RG14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 26 addresses on Parsons Close, Newbury, RG14, 8, Parsons Close, Newbury comes out as the 21st largest and the 21st most expensive in our analysis of the public data.
It is also £213k less expensive than the average property across the RG14 district.
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Schools Nearby
- 900mSt Nicolas C.E. Junior School
- 1.0kmJohn Rankin Junior School
- 1.1kmSt John the Evangelist CofE Infant and Nursery School
- 800mSt Bartholomew's School
- 2.1kmPark House School
- 2.1kmTrinity School
More reading links
Public Transport Nearby
From 8, Parsons Close, Newbury, the nearest station is Newbury, 1.0 kilometres away.
- 1.0kmNewbury
- 2.1kmNewbury Racecourse
- 6.6kmThatcham
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
