2 Read Close, Fernwood, Newark, NG24 3FY is a freehold terraced property built between 2003-2006. The property offers approximately 807 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £188,500 , which equates to approximately £233 per square foot. It was last sold on 20 Sep 2019 for £145,000. Since then, the value has increased by £43,500, representing a 30.0% increase, or approximately 4.8% per year.

The current estimated value of £188,500 is:

  • 1.5% higher than the average property price on Read Close
  • 12.3% higher than the average in the NG24 3FY postcode area
  • and 21.4% lower than the average price for Newark as a whole

At the most recent EPC inspection on 3 May 2019, the property was recorded as owner-occupied.

View sold house prices in NG24 3FY

Building approximate location

About Property

Type
Terraced House
Built
2003-2006
Interior Size
807 sq ft
Tenure
Freehold
Price (estimate)
£188,500
Price Per sq ft (estimate)
£233
Bedroom Count (estimate)
2 bedrooms

EPC Summary

2 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 3 May 2019.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 73% of fixed outlets
Very Good

Compared to NG24 3FY

8 th / 21
Price Rank
12% higher than average
12 th / 18
Size Rank
2% bigger than average
3 rd / 18
Price Per Sq FT Rank
10% higher than average

Compared to other properties in NG24 3FY , this house's estimated value ranks 8th out of 21. Based on price per square foot, it ranks 3rd out of 18 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 12th out of 18 properties in its postcode area.

Sale History

Today
£188,500
streetscan.co.uk estimate
+30 %
20 Sep 2019
£145,000
Leasehold
+11.5 %
18 May 2007
£130,000
Leasehold
+12.7 %
4 Feb 2005
£115,350
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 829 sq ft
sale price: £180,000
sale date: 2 Dec 2022
rooms: 5
size: 807 sq ft
sale price: £181,500
sale date: 18 Oct 2022
rooms: 5
size: 829 sq ft
sale price: £135,500
sale date: 16 Jan 2019
rooms: 5
size: 797 sq ft
sale price: £135,500
sale date: 16 Jan 2019
rooms: 5
size: 825 sq ft
sale price: £141,000
sale date: 26 May 2017

Data Sources

The property at 2 Read Close, Fernwood, Newark, NG24 3FY appears three times in the Land Registry records, with the latest transaction recorded on 20 Sep 2019. It also has a single Energy Performance Certificate (EPC) from 3 May 2019. 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.