Phoenix Lane, Fernwood, Newark, NG24 3UA
BA

Phoenix Lane, Fernwood, Newark, NG24 3UA

By Barratt Homes

£ 330,995

Reviews

3 out of 5 stars

Barratt Homes says ..

Plot 575 | The Hesketh | Fernwood Village This three storey, four DOUBLE bedroom home, has an OPEN PLAN kitchen and dining area with French doors to the garden. A SPACIOUS lounge, cloakroom and handy storage space complete the ground floor. On the first floor you'll find an EN SUITE main bedroom,...

Property Oracle says ..

This property is a newly built four-bedroom house located in the Fernwood area of Newark, Nottinghamshire. The property features an open-plan kitchen-diner leading to a rear garden, a separate lounge, and four bedrooms, along with at least one modern bathroom. The images indicate a high standard of fixtures and fittings, and contemporary design features throughout. The home is situated within a new housing development, and thus lacks the established characteristics of older neighborhoods.

Fernwood, as a new development, lacks the full range of amenities found in more established town centres. Travel to Newark is necessary for more extensive shopping, entertainment, and employment opportunities. Nearby transportation links are available via train stations in Newark, though these require a short car journey. A range of schools with varied Ofsted ratings are within a reasonable driving distance. The property’s inclusion in a new build development does present some advantages. These new developments often boast well-maintained landscaping, playgrounds, and other communal facilities. The overall condition of the property, however, is a definite highlight. The modern fixtures, fittings, and open-plan design create a spacious, light-filled home. The finish is of a high standard which would be appealing to a family.

Given the mixture of positive and negative aspects, the overall assessment is a balanced one. While there’s a high standard of finish, the remote location and limited plot size could offset some of the value proposition. The asking price appears to be competitive within the neighborhood context.

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
7
Condition
9
Location
7
Land
4
Bedrooms
4
Bathrooms
0
Sqft (est)
839.59

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
269,508.39 £
Increased by 25.88 %
from 214,095.45 £
Average area rental value
1,242.00 £/mo
Increased by 19.54 %
from 1,039.00 £/mo
Est letting value
839.59 £/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

  • Barratt 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

Fernwood Village Street Scene The Knaresborough at The Sands, Bridlington The Hesketh Hallway The Hesketh kitchen The Hesketh Lounge The Hesketh bedroom The Hesketh study The Hesketh bedroom The Hesketh bedroom Hesketh bathroom Ferwoond Village street June Kitchen Fernwood Village Kingsville StreetScene Fernwood Village Street June Fernwood Village Street Scene Fernwood Newark

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