21 Read Close, Fernwood, Newark, NG24 3FY is a leasehold flat built between 2003-2006. The property offers approximately 538 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £116,883 , which equates to approximately £217 per square foot. It was last sold on 19 Oct 2006 for £90,000. Since then, the value has increased by £26,883, representing a 29.9% increase, or approximately 1.6% per year.

The current estimated value of £116,883 is:

  • 37.1% lower than the average property price on Read Close
  • 30.4% lower than the average in the NG24 3FY postcode area
  • and 51.2% lower than the average price for Newark as a whole

At the most recent EPC inspection on 16 July 2024, the property was recorded as rented.

View sold house prices in NG24 3FY

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£116,883
Price Per sq ft (estimate)
£217
Bedroom Count (estimate)
1 bedroom

EPC Summary

21 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 16 Jul 2024.

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 14 Jul 2014. The rating of C is unchanged, though the energy efficiency score decreased by 6.5%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, insulated (assumed) to pitched, 250 mm loft insulation, with no change in energy efficiency (good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Poor
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 all fixed outlets
Very Good

Compared to NG24 3FY

17 th / 21
Price Rank
30% lower than average
15 th / 18
Size Rank
32% smaller than average
12 th / 18
Price Per Sq FT Rank
2% higher than average

Compared to other properties in NG24 3FY , this flat's estimated value ranks 17th out of 21. Based on price per square foot, it ranks 12th out of 18 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 15th out of 18 properties in its postcode area.

Sale History

Today
£116,883
streetscan.co.uk estimate
+30 %
19 Oct 2006
£90,000
Leasehold
+0.7 %
26 Aug 2005
£89,337
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 521 sq ft
sale price: £83,000
sale date: 5 Feb 2016
rooms: 3
size: 484 sq ft
sale price: £99,000
sale date: 2 Nov 2007
rooms: 3
size: 517 sq ft
sale price: £77,950
sale date: 30 Jun 2005
rooms: 3
size: 560 sq ft
sale price: £81,000
sale date: 29 Jun 2005

Data Sources

The property at 21 Read Close, Fernwood, Newark, NG24 3FY appears two times in the Land Registry records, with the latest transaction recorded on 19 Oct 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Jul 2024. 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.