Property profile

2 Spring Drive Fernwood

NG24 3JS

Farndon & Fernwood

Area profile →

Map showing 2, Spring Drive, Fernwood, Newark

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£230,000

Semi-Detached sold in Farndon & Fernwood

The box shows the middle 50% of semi-detached sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold31 Mar 2007
£149,000Change since last sale: +£79,000 (+53%)
Annualised change
+2.2% per yearNewark and Sherwood annualised change (semi-detached) since 2007: +2.5% per yearThis property's value is moving in line with the market
Price per sq ftLocal median £249 per sq ft
£235 per sq ftEstimate vs local median: −£14 per sq ft (−5.5%)
Local sold pricesMedian for semi-detached in Farndon & Fernwood
£241,000Estimate vs local median: −£13,000 (−5.3%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeHouse / Semi-Detached
TenureFreehold
Construction period1950-1966
Floor area90 m² / 969 sq ft
Rooms6 habitable / 6 heated
EPC ratingF
EPC inspection16 Nov 2015

Sales history

DatePriceChange
31 Mar 2007£149,000-

Local market

Property prices in Farndon & Fernwood

Median price£275,496
Price per sq ft£251
Sales (last 12 months)161
Typical range (middle 50%)£225K – £355K

Based on 161 recent sales, the median property price is £275,496 (about £251 per square foot) in Farndon & Fernwood area, with individual transactions ranging from £88,000 up to £1,175,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Farndon & Fernwood over the last year.
TypeSalesMedian£/sq ft
Detached92£337,500£266
Semi-Detached34£241,000£249
Terraced26£196,500£210
Flats9£115,000£176

10-year price trendmedian sale price in Farndon & Fernwood

Sale price

Ten year median sale price trend for each property type in Farndon & Fernwood.
YearDetachedFlatsSemi-DetachedTerraced
2016£259,975£92,000£175,000£170,000
2017£267,000£87,500£168,000£153,000
2018£266,000£86,250£179,000£140,000
2019£289,995£90,000£197,995£160,000
2020£321,533£94,000£214,995£169,000
2021£295,000£104,000£225,495£178,000
2022£352,995£106,825£256,000£207,500
2023£344,995£108,500£255,498£200,000
2024£350,000£117,500£237,748£205,500
2025£337,500£108,750£235,000£195,000
2026£335,000£120,000£240,000£172,500
Ten year median sale price trend for each property type in Farndon & Fernwood.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Farndon & Fernwood.
YearDetachedFlatsSemi-DetachedTerraced
2016£196£143£181£151
2017£188£143£185£145
2018£200£161£184£172
2019£220£142£195£182
2020£231£149£195£179
2021£243£151£241£188
2022£274£171£246£224
2023£267£171£262£201
2024£260£188£244£190
2025£265£175£252£206
2026£255£180£228£209
Ten year median sale price per square foot trend for each property type in Farndon & Fernwood.

Price distribution by property typelast 12 months

Price distribution by property type for Farndon & Fernwood in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near NG24 3JS.

Recent sold properties in the last 18 months near NG24 3JS
DateAddressTypeTenurePriceMap
28 Mar 202511, Tutt Close, Newark, NG24 3ULDetachedFreehold£372,500
31 Mar 20254, Horsa Close, Newark, NG24 3XLDetachedFreehold£480,000
29 Jan 202624, Thomas Road, Newark, NG24 3FUDetachedFreehold£425,000
08 Jan 20261, Thomas Road, Newark, NG24 3FUDetachedFreehold£510,000
24 Apr 20265, Whittle Way, Newark, NG24 3XGDetachedFreehold£348,000

Other properties at this postcode

AddressTenureFloor areaLast sale
3, Spring Drive, Fernwood, NewarkFreehold86 m²£57,500 (2000)
4, Spring Drive, Fernwood, NewarkFreehold79 m²£161,500 (2016)
5, Spring Drive, Fernwood, NewarkFreehold125 m²£325,000 (2024)

Area insights for NG24 3JS

Full area profile →

Overview

Postcode NG24 3JS is located in an urban city, within the Farndon & Fernwood ward of Newark and Sherwood in the East Midlands region, and forms part of the Fernwood, Farndon & Fiskerton area. It has very low deprivation and average crime levels, with around 56.7 crimes per 1,000 residents per year, about 41% below the East Midlands average of 96 per 1,000. The average income per household in Fernwood, Farndon & Fiskerton is £61,717 per year. The nearest station is Newark North Gate, about 2.8 miles away. There are 1 primary and 1 secondary schools in the area. There is 1 park nearby, the closest large park is The Meadow.

Crime rate
6/10
Crimes per 1k residents
57
Deprivation level
1/10
Income level
9/10
Social housing
3.7%
Connectivity
N/A
Flood Risk
Medium
Noise Level
Low

Deprivation level

1/10

Fernwood, Farndon & Fiskerton has a very low level of deprivation, ranked at position 31,415 out of 32,844 areas in England, placing it within the bottom 4% least deprived areas in England.

Crime level

6/10

Fernwood, Farndon & Fiskerton has an average crime rate, with approximately 56.7 reported incidents per 1,000 population each year.

Social housing

3.7%

Approximately 3.7% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 7.1% of dwellings are socially rented.

Income level

9/10

The average income per household in Fernwood, Farndon & Fiskerton is £61,717 per year.

Noise Level

Low

Low noise level (55.0-59.9 dB) from rail, approximately 27 ft away from NG24 3JS.

Flood risk

Medium

Fernwood, Farndon & Fiskerton near NG24 3JS has medium flood risk (between 1% and 3.3% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Newark North Gate located about 2.8 miles away. There are no other stations nearby.

Parks

Nearby parks and green spaces for NG24 3JS
DistanceNameSizeDirections
0.3 miThe MeadowLargeWalking directions to The Meadow

Area Profile

Population
308
Population density
1,059.5 per km²

Crime

Crime per 1,000 population

Anti-social behaviour
23.41(+39%)
Violence and sexual offences
20.95(-39%)
Shoplifting
19.72(+127%)
Criminal damage and arson
8.63(+16%)
Vehicle crime
7.39(+79%)
East Midlands average

Demographics

Ethnic groups

British
268
87.01%
Other White
12
3.9%
African
11
3.57%
Indian
6
1.95%
Chinese
5
1.62%
Total population: 308

Economics

Education (age 16+)

Level 4+ (Degree)
117
51.77%
Level 3 (A level)
39
17.26%
Level 2 (GCSEs 9-4)
33
14.6%
Level 1 (GCSEs 3-1)
15
6.64%
No qualifications
12
5.31%
Total 16+ residents: 226

Housing

Housing tenure

Owns with a mortgage
79
73.83%
Owns outright
17
15.89%
Private landlord or letting agency
5
4.67%
Other social rented
3
2.8%
Other forms of private rent
2
1.87%
Total households: 107

Schools

In the NG24 3JS postcode area, located within Fernwood, Farndon & Fiskerton, there are 1 primary and 1 secondary schools in close proximity.

Nearby primary and secondary schools for NG24 3JS
DistancePhaseNameTypeRating
0.5 miSecondaryThe Suthers SchoolFree schools

Good

0.8 miPrimaryChuter Ede Primary SchoolCommunity school

Outstanding

Local amenities

1 nearby supermarkets & convenience stores within 0.5 mi of NG24 3JS

Nearby supermarkets & convenience stores for NG24 3JS
DistanceNameAddressDirections
0.3 miOne StopRubys Avenue, Fernwood, Newark, NG24 3RQWalking directions to One Stop