Phoenix Lane, Fernwood, Newark, NG24 3UA
DA

Phoenix Lane, Fernwood, Newark, NG24 3UA

By David Wilson Homes

£ 596,995

Reviews

3 out of 5 stars

David Wilson Homes says ..

CLOSE TO GREEN OPEN SPACE | LARGE FAMILY HOME | The LARGEST HOME ON THE DEVELOPMENT, the Lichfield is an ideal family home. Downstairs you'll find your OPEN-PLAN KITCHEN with a utility room, a separate DINING ROOM, a study and a SPACIOUS LOUNGE. Upstairs across two floors, there are FIVE DOUBLE B...

Property Oracle says ..

This five-bedroom property located on Phoenix Lane in Fernwood, Newark, is a new-build home presented in excellent condition. The interior photos showcase a modern, well-designed layout with an open-plan kitchen-diner, separate lounge, and a dedicated home office. The bedrooms are spacious, and the bathrooms appear contemporary and well-appointed. The property benefits from a garden, although the exact size is not specified, which is a notable omission in the provided data. The location in Fernwood offers relative proximity to Newark, providing access to a wider range of amenities and transport links, including train stations such as Newark North Gate and Newark Castle. Several schools are within a reasonable distance, though their Ofsted ratings vary, highlighting the need for prospective buyers to research their suitability. The list price of £596,995 requires further analysis. While the property’s condition and features justify a significant portion of the price, a more detailed comparison with similar properties in the area, specifically regarding plot size and price per square foot, would be necessary to determine its overall value. The absence of precise plot size information is a significant drawback, hindering a complete and accurate valuation. The available data on nearby properties is limited and lacks consistent square footage information, making direct price comparisons challenging. Overall, this property presents a modern, well-maintained home in a developing area with access to amenities and transport. However, the lack of detailed land information and the need for more robust price comparisons affect the overall assessment.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
9
Location
7
Land
4
Bedrooms
5
Bathrooms
0
Sqft (est)
1,200.00

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
323,281.00 £
Increased by 6.31 %
from 304,098.00 £
Est sale value
385,200.00 £
Increased by 25.88 %
from 306,000.00 £
Average area rental value
1,242.00 £/mo
Increased by 19.54 %
from 1,039.00 £/mo
Est letting value
1,200.00 £/mo
from 0.00 £/mo
Est rental Yield
4.61 %
Increased by 12.44 %
from 4.10 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • David Wilson Homes created the listing.

Nearby Schools

NameTypeOfstedDistance
The Suthers SchoolFree Schools1.56 KM
Chuter Ede Primary SchoolCommunity SchoolOutstanding1.57 KM
Hope House SchoolOther Independent Special SchoolInadequate2.17 KM
John Hunt AcademyAcademy Converter2.69 KM
The Newark AcademyAcademy Sponsor LedGood2.77 KM

Images

External view of the five bedroom Lichfield View of the kitchen-diner in the Lichfield 5 bedroom home View of the family area in the kitchen in the Lichfield 5 bedroom home The lounge of the Lichfield 5 bedroom home View of the dining room in the Lichfield 5 bedroom home View of the downstairs study in the Lichfield 5 bedroom home View of the main bedroom in the Lichfield 5 bedroom home View of the family bathroom in the 5 bedroom Lichfield View of bedroom 4 in the Lichfield 5 bedroom home View of bedroom 3 in the 5 bedroom Lichfield

Nearby Streets

NameAverage PriceAverage SqftDistance
Horsa Close £ 000.00 KM
Anson Drive £ 375,00000.00 KM
Buckminster Road £ 270,00000.00 KM
Slingsby Drive £ 000.00 KM
Beaufort Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newark North Gate6499NNG5.28 KM
Newark Castle6498NCT6.34 KM

Nearby Listings

AddressPriceTypeScoreDistance
Avro Road, Fernwood, Newark, Nottingham, NG24 3UA £ 424,995BUY6 / 100.00 KM
Phoenix Lane, Fernwood, Newark, NG24 3UA £ 357,995BUY6 / 100.00 KM
Avro Road, Fernwood, Newark, Nottingham, NG24 3UA £ 264,995BUYUnknown0.00 KM
Phoenix Lane, Fernwood, Newark, NG24 3UA £ 304,995BUY5 / 100.00 KM
Phoenix Lane, Fernwood, Newark, NG24 3UA £ 394,995BUY7 / 100.00 KM

Nearby Properties

AddressPriceDistance
18 Phoenix Lane £ 195,0000.17 KM
7 Phoenix Lane £ 280,0000.17 KM
9 Phoenix Lane £ 246,0000.22 KM
3 Spring Drive £ 57,5000.23 KM
4 Spring Drive £ 161,5000.23 KM