40A, Forster Avenue
40A, Forster Avenue
Description & Estimates
According to the public record, 40A, Forster Avenue, Newark is a modern apartment with 635 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 40A, Forster Avenue, Newark is £71,501 and the estimated rental value is £498 per month.
The apartment is within 40, 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
40A, Forster Avenue, Newark has no records in the the Land Registry and a single entry in the EPC database dated March 2022.
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 40A, Forster Avenue, Newark is in very good condition we estimate a sale value of £75,077 and a rental value of £523 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £66,496 and a rental value of £463 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 40A, Forster Avenue, Newark has declined by £160 (0.2%), while its estimated rental value has climbed by £16 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 8.4%.
Energy Efficiency
40A, Forster Avenue, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within 570 metres of 40A, Forster Avenue, Newark over the last 2 years.
The most recent example is 28, Forster Avenue, Newark, NG24 4PF, a freehold house which sold for £165,000 on the 16th December 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, 40A, Forster Avenue, Newark is the 44th largest and the 44th 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 40A, 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.
