17 Read Close, Fernwood, Newark, NG24 3FY is a leasehold flat built between 2003-2006. The property offers approximately 484 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £119,134 , which equates to approximately £246 per square foot. It was last sold on 2 Nov 2007 for £99,000. Since then, the value has increased by £20,134, representing a 20.3% increase, or approximately 1.1% per year.

The current estimated value of £119,134 is:

  • 35.9% lower than the average property price on Read Close
  • 29.0% lower than the average in the NG24 3FY postcode area
  • and 50.3% lower than the average price for Newark as a whole

At the most recent EPC inspection on 11 August 2021, the property was recorded as rented.

View sold house prices in NG24 3FY

Building approximate location

About Property

Type
Terraced Maisonette
Built
2003-2006
Interior Size
484 sq ft
Tenure
Leasehold
Price (estimate)
£119,134
Price Per sq ft (estimate)
£246
Bedroom Count (estimate)
1 bedroom

EPC Summary

17 Read Close, Fernwood, Newark, Newark And Sherwood, Nottinghamshire, NG24 3FY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 11 Aug 2021.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 15 Aug 2011. The rating of C remains the same, but the energy efficiency score improved by 9.7%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NG24 3FY

18 th / 21
Price Rank
29% lower than average
18 th / 18
Size Rank
39% smaller than average
7 th / 18
Price Per Sq FT Rank
15% higher than average

Compared to other properties in NG24 3FY , this maisonette's estimated value ranks 18th out of 21. Based on price per square foot, it ranks 7th out of 18 properties. In terms of size, this home ranks 18th out of 18 properties in its postcode area.

Sale History

Today
£119,134
streetscan.co.uk estimate
+20 %
2 Nov 2007
£99,000
Leasehold
+21.1 %
19 Aug 2005
£81,750
Leasehold

Area Insights

Similar Properties Sold Nearby

19 Read Close, Fernwood, Newark, NG24 3FY
rooms: 3
size: 521 sq ft
sale price: £83,000
sale date: 5 Feb 2016
21 Read Close, Fernwood, Newark, NG24 3FY
rooms: 3
size: 538 sq ft
sale price: £90,000
sale date: 19 Oct 2006
14 Read Close, Fernwood, Newark, NG24 3FY
rooms: 3
size: 517 sq ft
sale price: £77,950
sale date: 30 Jun 2005

Data Sources

The property at 17 Read Close, Fernwood, Newark, NG24 3FY appears two times in the Land Registry records, with the latest transaction recorded on 2 Nov 2007. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Aug 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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