38A, Forster Avenue
38A, Forster Avenue
Description & Estimates
According to the public record, 38A, Forster Avenue, Newark is a modern apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 38A, Forster Avenue, Newark is £72,009 and the estimated rental value is £500 per month.
The apartment is within 38, Forster Avenue, Newark, NG24.
Forster Avenue, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
Our Data Sources
38A, Forster Avenue, Newark has no records in the the Land Registry and a single entry in the EPC database dated February 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 38A, Forster Avenue, Newark is in very good condition we estimate a sale value of £75,609 and a rental value of £525 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £66,968 and a rental value of £465 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 38A, Forster Avenue, Newark has fallen by £161 (0.2%), while its estimated rental value has moved up by £16 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 8.3%.
Energy Efficiency
38A, Forster Avenue, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Feb 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
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 38A, Forster Avenue, Newark within a radius of 580 metres over the last 2 years.
The most recent example is 12, Forster Avenue, Newark, NG24 4PF, a leasehold flat which sold for £83,250 on the 7th March 2022.
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
Forster Avenue, Newark, NG24 has a total of 44 addresses. According to our analysis of all the public data, 38A, Forster Avenue, Newark is the 43rd largest and the 41st most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in NG24.
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Schools Nearby
- 700mThe Sir Donald Bailey Academy
- 1.0kmThe King's Church of England Primary Academy
- 1.1kmHoly Trinity Catholic Voluntary Academy
- 1.4kmMagnus Church of England Academy
- 2.2kmThe Newark Academy
- 3.5kmThe Suthers School
More reading links
Public Transport Nearby
The closest station to 38A, Forster Avenue, Newark is Newark Castle station, which is 2.2 kilometres away.
- 2.2kmNewark Castle
- 2.7kmNewark Northgate
- 5.4kmRolleston
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.
