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5 Mayfair Gardens is a residential building situated on Mayfair Gardens, Nottingham, NG5 with 2 addresses.
It ranks as the 167th largest and 593rd most expensive of the 606 buildings in the NG5 area. The dominant property type is a modern house built after 1980.
The building contains a total of 2 properties: 2 flats.
5 Mayfair Gardens is a residential building situated on Mayfair Gardens, Nottingham, NG5 with 2 addresses.
It ranks as the 167th largest and 593rd most expensive of the 606 buildings in the NG5 area. The dominant property type is a modern house built after 1980.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £204,814 for 3 bedroom freehold houses with a garden (721 ft2) to £313,144 for 4 bedroom freehold houses with a garden (1,603 ft2) .
Monthly rental prices range from £1,031 pcm for 3 bed houses to £1,352 pcm for 4 bed houses.
The gross rental yield is between 5.2% and 6.0%.
The average value per square foot is £240.
The last sale in 5 Mayfair Gardens sold for £120,000 on 7th September 2000. Since then prices are down an average of 0.0%.
The current average value in the building is £258,979.
The 5 Mayfair Gardens Sales Market has increased by 65.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.4% | £258,979 |
| May 2025 | 3.7% | £265,477 |
| May 2024 | -0.1% | £256,121 |
| May 2023 | 5.4% | £256,275 |
| May 2022 | 12.5% | £243,247 |
| May 2021 | 9.5% | £216,246 |
| May 2020 | 6.6% | £197,407 |
| May 2019 | 4.6% | £185,219 |
| May 2018 | 5.6% | £177,114 |
| May 2017 | 7.1% | £167,656 |
| May 2016 | 5.2% | £156,529 |
| May 2015 | 4.7% | £148,861 |
| May 2014 | 6.5% | £142,123 |
| May 2013 | 2.8% | £133,455 |
| May 2012 | -0.5% | £129,810 |
| May 2011 | -3.2% | £130,500 |
| May 2010 | 5.7% | £134,834 |
| May 2009 | -13.4% | £127,570 |
| May 2008 | -4.7% | £147,352 |
| May 2007 | 0% | £154,627 |
The current average rental value in the building is £1,191.
The 5 Mayfair Gardens Rental Market has increased by 72.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.8% | £1,191pcm |
| May 2025 | -2% | £1,170pcm |
| May 2024 | 4.8% | £1,194pcm |
| May 2023 | 12.4% | £1,139pcm |
| May 2022 | 11.6% | £1,013pcm |
| May 2021 | 11.5% | £907pcm |
| May 2020 | 5.7% | £813pcm |
| May 2019 | 4.5% | £770pcm |
| May 2018 | 4.6% | £737pcm |
| May 2017 | 1.7% | £705pcm |
| May 2016 | 5.3% | £693pcm |
| May 2015 | 5.3% | £658pcm |
| May 2014 | 3.3% | £624pcm |
| May 2013 | 0.5% | £604pcm |
| May 2012 | 1.6% | £601pcm |
| May 2011 | 2.6% | £592pcm |
| May 2010 | 3.1% | £577pcm |
| May 2009 | -5.6% | £559pcm |
| May 2008 | -1.4% | £593pcm |
| May 2007 | 0% | £601pcm |
The last sale was on 7th September 2000 for £120,000 and since then the market in the area has remained stable. The building has had a total of 1 sales since 1995.
5, Mayfair Gardens, Nottingham, NG5 1LT has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 5, Mayfair Gardens, Nottingham, NG5 1LT is Bulwell station which is 2.0 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Mayfair Gardens, Nottingham, NG5 1LT, 35.9% of property is socially rented and 27.4% is privately owned with a mortgage.
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 5, Mayfair Gardens, Nottingham, NG5 1LT, 18.1% of residents are recorded as possessing school level qualifications and 30.4% 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 5, Mayfair Gardens, Nottingham, NG5 1LT, the average age was 36.8 and the most common age was 32.
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 5, Mayfair Gardens, Nottingham, NG5 1LT, 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 5, Mayfair Gardens, Nottingham, NG5 1LT, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
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.