Phoenix Lane, Fernwood, Newark, NG24 3UA
By Barratt Homes
£ 294,995
Reviews
3 out of 5 stars
Barratt Homes says ..
Let us boost your deposit by £14,749 | LOCATED ON A PRIVITE DRIVE | Spacious OPEN-PLAN kitchen with FRENCH DOORS leading onto the garden. Spacious lounge. EN SUITE main bedroom, Space to work from home. Family bathroom. Single garage and parking for 2 cars. Plot 554 | The Lutterworth | Fernwood ...
Property Oracle says ..
The property is located in Fernwood, Newark, a village with a mix of new and older properties. The area benefits from nearby schools, including Chuter Ede Primary School (Outstanding Ofsted rating) and The Newark Academy (Good Ofsted rating), although specific distances are not provided. Transportation links to Newark North Gate and Newark Castle train stations are within a reasonable distance. The property itself is a new build, appearing modern and well-maintained in the provided images. It has a small rear garden, visible in several photos. The list price is significantly lower than the average price for the area (£294,995 vs £355,677), but the square footage is also considerably smaller (520 sqft vs 1048 sqft average). Nearby comparable properties show a range of prices, with some significantly higher, suggesting the list price may represent good value, particularly considering it is a new build. However, the lack of plot size data makes a definitive assessment of land value difficult.
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
- 8
- Condition
- 9
- Location
- 7
- Land
- 3
- Bedrooms
- 3
- Bathrooms
- 0
- Sqft (est)
- 520.00
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 %
- Est sale value
- 166,920.00 £Increased by 25.88 %
- Average area rental value
- 1,242.00 £/moIncreased by 19.54 %
- Est letting value
- 520.00 £/mo
- Est rental Yield
- 4.61 %Increased by 12.44 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
Barratt Homes created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Suthers School | Free Schools | 1.56 KM | |
| Chuter Ede Primary School | Community School | Outstanding | 1.57 KM |
| Hope House School | Other Independent Special School | Inadequate | 2.17 KM |
| John Hunt Academy | Academy Converter | 2.69 KM | |
| The Newark Academy | Academy Sponsor Led | Good | 2.77 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Horsa Close | £ 0 | 0 | 0.00 KM |
| Anson Drive | £ 375,000 | 0 | 0.00 KM |
| Buckminster Road | £ 270,000 | 0 | 0.00 KM |
| Slingsby Drive | £ 0 | 0 | 0.00 KM |
| Beaufort Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newark North Gate | 6499 | NNG | 5.28 KM |
| Newark Castle | 6498 | NCT | 6.34 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Avro Road, Fernwood, Newark, Nottingham, NG24 3UA | £ 424,995 | BUY | 6 / 10 | 0.00 KM |
| Phoenix Lane, Fernwood, Newark, NG24 3UA | £ 357,995 | BUY | 6 / 10 | 0.00 KM |
| Avro Road, Fernwood, Newark, Nottingham, NG24 3UA | £ 264,995 | BUY | Unknown | 0.00 KM |
| Phoenix Lane, Fernwood, Newark, NG24 3UA | £ 304,995 | BUY | 5 / 10 | 0.00 KM |
| Phoenix Lane, Fernwood, Newark, NG24 3UA | £ 394,995 | BUY | 7 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 18 Phoenix Lane | £ 195,000 | 0.17 KM |
| 7 Phoenix Lane | £ 280,000 | 0.17 KM |
| 9 Phoenix Lane | £ 246,000 | 0.22 KM |
| 3 Spring Drive | £ 57,500 | 0.23 KM |
| 4 Spring Drive | £ 161,500 | 0.23 KM |