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2 South Parade is a residential building situated on South Parade, Nottingham, NG1 with 15 addresses.
It ranks as the 449th largest and 403rd most expensive of the 583 buildings in the NG1 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 15 properties: 15 flats.
2 South Parade is a residential building situated on South Parade, Nottingham, NG1 with 15 addresses.
It ranks as the 449th largest and 403rd most expensive of the 583 buildings in the NG1 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 15 properties: 15 flats.
Sale prices range from £152,169 for 1 bedroom leasehold flats (441 ft2) to £249,317 for 3 bedroom leasehold flats (1,087 ft2) .
Monthly rental prices range from £974 pcm for 1 bed flats to £1,376 pcm for 3 bed flats.
The gross rental yield is between 6.6% and 8.1%.
The average value per square foot is £322.
The last sale in 2 South Parade sold for £175,000 on 10th March 2020. Since then prices are down an average of 6.4%.
The current average value in the building is £176,185.
The 2 South Parade Sales Market has increased by 1.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.3% | £176,185 |
| May 2025 | -2.1% | £180,329 |
| May 2024 | -5.3% | £184,291 |
| May 2023 | -1.9% | £194,510 |
| May 2022 | 6.5% | £198,213 |
| May 2021 | -2% | £186,090 |
| May 2020 | 4.7% | £189,792 |
| May 2019 | 2.2% | £181,325 |
| May 2018 | -0.6% | £177,460 |
| May 2017 | 3.2% | £178,467 |
| May 2016 | 4.2% | £173,015 |
| May 2015 | 4.1% | £165,993 |
| May 2014 | 4.6% | £159,464 |
| May 2013 | -2.9% | £152,422 |
| May 2012 | -7.2% | £157,052 |
| May 2011 | 1.1% | £169,164 |
| May 2010 | 7.5% | £167,368 |
| May 2009 | -16.6% | £155,739 |
| May 2008 | -5.4% | £186,661 |
| May 2007 | 0% | £197,392 |
The current average rental value in the building is £1,118.
The 2 South Parade Rental Market has increased by 32.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.5% | £1,118pcm |
| May 2025 | -0.6% | £1,123pcm |
| May 2024 | 2% | £1,130pcm |
| May 2023 | 6% | £1,108pcm |
| May 2022 | 8.2% | £1,045pcm |
| May 2021 | 2% | £965pcm |
| May 2020 | 4.2% | £946pcm |
| May 2019 | 4.6% | £908pcm |
| May 2018 | 0.6% | £868pcm |
| May 2017 | 2.3% | £862pcm |
| May 2016 | 2.6% | £843pcm |
| May 2015 | 3.6% | £822pcm |
| May 2014 | 1.5% | £793pcm |
| May 2013 | 2.9% | £782pcm |
| May 2012 | -0.7% | £760pcm |
| May 2011 | 2.6% | £765pcm |
| May 2010 | 0.8% | £746pcm |
| May 2009 | -1.9% | £740pcm |
| May 2008 | -2.7% | £755pcm |
| May 2007 | 0% | £776pcm |
The last sale was on 10th March 2020 for £175,000 and since then the market in the area has decreased by 6.4%. The building has had a total of 12 sales since 1995.
2, South Parade, Nottingham, NG1 2JS has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 2, South Parade, Nottingham, NG1 2JS is Nottingham station which is 700 metres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, South Parade, Nottingham, NG1 2JS, % of property is and % is .
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, South Parade, Nottingham, NG1 2JS, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, South Parade, Nottingham, NG1 2JS, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, South Parade, Nottingham, NG1 2JS, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.