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47 Russell Road is a residential building situated on Russell Road, Nottingham, NG7 with 2 addresses.
It ranks as the 333rd largest and 268th most expensive of the 1,403 buildings in the NG7 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
47 Russell Road is a residential building situated on Russell Road, Nottingham, NG7 with 2 addresses.
It ranks as the 333rd largest and 268th most expensive of the 1,403 buildings in the NG7 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £101,312 for 2 bedroom leasehold flats (602 ft2) to £148,793 for 2 bedroom freehold houses with a garden (645 ft2) .
Monthly rental prices range from £614 pcm for 2 bed flats to £912 pcm for 2 bed houses.
The gross rental yield is between 7.3% and 7.4%.
The average value per square foot is £199.
The last sale in 47 Russell Road sold for £120,925 on 23rd June 2023. Since then prices are up an average of 48.8%.
The current average value in the building is £125,052.
The 47 Russell Road Sales Market has increased by 45.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.3% | £125,052 |
| May 2025 | 2.6% | £126,736 |
| May 2024 | 0.2% | £123,572 |
| May 2023 | 5% | £123,297 |
| May 2022 | 9.1% | £117,423 |
| May 2021 | 8.3% | £107,600 |
| May 2020 | 2.5% | £99,356 |
| May 2019 | 7.6% | £96,947 |
| May 2018 | 1.1% | £90,106 |
| May 2017 | 4% | £89,164 |
| May 2016 | 3.8% | £85,744 |
| May 2015 | 1.8% | £82,596 |
| May 2014 | 7.9% | £81,135 |
| May 2013 | 3.3% | £75,213 |
| May 2012 | -2.8% | £72,820 |
| May 2011 | -1.8% | £74,951 |
| May 2010 | 7.5% | £76,317 |
| May 2009 | -18.2% | £71,024 |
| May 2008 | -4.9% | £86,843 |
| May 2007 | 0% | £91,272 |
The current average rental value in the building is £763.
The 47 Russell Road Rental Market has increased by 61.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.7% | £763pcm |
| May 2025 | -4.5% | £758pcm |
| May 2024 | 5.2% | £793pcm |
| May 2023 | 12.3% | £754pcm |
| May 2022 | 10.8% | £672pcm |
| May 2021 | 12.5% | £606pcm |
| May 2020 | 5.5% | £539pcm |
| May 2019 | 4.2% | £511pcm |
| May 2018 | 3.7% | £490pcm |
| May 2017 | 0.1% | £473pcm |
| May 2016 | 4.6% | £472pcm |
| May 2015 | 6.4% | £451pcm |
| May 2014 | 2.3% | £424pcm |
| May 2013 | -0.4% | £415pcm |
| May 2012 | 1.9% | £416pcm |
| May 2011 | 1.5% | £408pcm |
| May 2010 | 2.3% | £402pcm |
| May 2009 | -6.8% | £393pcm |
| May 2008 | -1.7% | £422pcm |
| May 2007 | 0% | £429pcm |
The last sale was on 23rd June 2023 for £120,925 and since then the market in the area has increased by 48.8%. The building has had a total of 7 sales since 1995.
47, Russell Road, Nottingham, NG7 6HD has seen 2 sales in the last three years and no sales in the last twelve months.
The closest station to 47, Russell Road, Nottingham, NG7 6HD is Nottingham station which is 2.6 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 47, Russell Road, Nottingham, NG7 6HD, 71.4% of property is privately rented and 9.6% is privately owned outright.
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 47, Russell Road, Nottingham, NG7 6HD, 43.7% of residents are recorded as possessing school level qualifications and 33.0% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 47, Russell Road, Nottingham, NG7 6HD, the average age was 30.7 and the most common age was 22.
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 47, Russell Road, Nottingham, NG7 6HD, 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 47, Russell Road, Nottingham, NG7 6HD, there are an average of 0.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.