Purplebricks says ..
*** 40 % shared ownership **** Experience unparalleled comfort at Hackwood House, a beautifully designed apartment located in the prestigious Kingman Way development. Perfectly situated in Newbury, Berkshire, this residence offers a blend of modern sophistication and convenient living. Key Feat...
Property Oracle says ..
This listing presents a one-bedroom, one-bathroom apartment situated within the Kingman Way development in Newbury, Berkshire. The property boasts a modern interior, with images revealing contemporary finishes, fixtures, and a neutral color palette. There is a balcony with a view over the adjacent parking area. The apartment appears to be well-maintained and suitable for a single person or a couple. While the location offers proximity to Newbury Racecourse and train station, and several schools are reasonably nearby, the immediate surroundings lack the charm and convenience of a more established residential area. The significant factor impacting this property’s assessment is the shared ownership scheme. The advertised price of £92,000 represents only a partial ownership stake, and the total cost of eventually acquiring full ownership will be significantly higher. Therefore potential buyers must carefully consider the long-term financial implications. The absence of private outdoor space may also be a considerable drawback for some purchasers. The price is attractive in the context of shared ownership, and buyers may find good value, but the absence of land and the fact that this is shared ownership must be seriously considered.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 8
- Location
- 6
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 468.23
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 358,606.00 £Decreased by 9.74 %
- Est sale value
- 209,767.04 £Increased by 27.27 %
- Average area rental value
- 1,448.00 £/moIncreased by 6.78 %
- Est letting value
- 468.23 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.85 %Increased by 18.29 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
Purplebricks created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Engaging Potential | Other Independent Special School | Good | 1.08 KM |
| Fir Tree Primary School And Nursery | Academy Sponsor Led | Requires improvement | 1.26 KM |
| The Willows Primary School | Community School | Requires improvement | 1.59 KM |
| St Joseph'S Catholic Primary School | Voluntary Aided School | Good | 1.65 KM |
| Victoria Park Nursery School & Family Hub | Local Authority Nursery School | Outstanding | 2.23 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Filly Close | £ 0 | 0 | 0.00 KM |
| Alder Close | £ 0 | 0 | 0.00 KM |
| Fontwell Road | £ 0 | 0 | 0.00 KM |
| Arnhem Road | £ 0 | 0 | 0.00 KM |
| Popes Place | £ 475,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newbury Racecourse | 3071 | NRC | 0.60 KM |
| Newbury | 3074 | NBY | 2.26 KM |
| Thatcham | 3152 | THA | 6.56 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Hackwood House, Kingman Way, Newbury, RG14 7FZ | £ 104,000 | BUY | 6 / 10 | 0.00 KM |
| Kingman Way, Newbury | £ 106,000 | BUY | 5 / 10 | 0.00 KM |
| Hackwood House Newbury Racecourse | £ 265,000 | BUY | 6 / 10 | 0.00 KM |
| Kingman Way, Newbury, Berkshire | £ 119,250 | BUY | 6 / 10 | 0.00 KM |
| Kingman Way, Newbury, Berkshire | £ 108,000 | BUY | 6 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 18 Farriers House | £ 318,000 | 0.05 KM |
| Unit 40a Kingfisher Court | £ 55,000 | 0.34 KM |
| 25 Cormorant Wood | £ 220,000 | 0.66 KM |
| 23 Cormorant Wood | £ 198,000 | 0.66 KM |
| 14 Cormorant Wood | £ 207,000 | 0.66 KM |