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1, Candle Meadow, Nottingham is recorded publicly as a mid-century freehold house across 828 ft2 of internal area, sitting on a 236 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Candle Meadow, Nottingham is £113,455 and its rental estimate is £705 per month, given the available information and assuming reasonable condition.
Candle Meadow, Colwick Park, Nottingham, NG2 falls within the NG2 postal district.
1, Candle Meadow, Nottingham has 31 entries in the Land Registry , most recently in March 2013 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Candle Meadow, Nottingham, we estimate a market value of £119,128 and a rental value of £740 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £105,513 and £656 per month respectively.
Over the last year, 1, Candle Meadow, Nottingham has seen its estimated sale value move down by £1,191 (1.0%) and its estimated rental value increase by £5 per month (0.8%). This results in an estimated gross rental yield of 7.5%.
HM Land Registry records the plot of land for 1, Candle Meadow, Nottingham as measuring 236 m2.
That makes it the 2nd largest plot in the postcode, where all 47 other houses have recorded plot data.
1, Candle Meadow, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 1, Candle Meadow, Nottingham completed on 6th March 2013 at £55,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 293.9% over the period since March 2013.
Over the past 2 years 2 properties similar to 1, Candle Meadow, Nottingham have sold within a radius of 800 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th October 2014, was 1, Spring Moor, Nottingham, NG2 4EA, a freehold house which sold for £87,500.
Read more about house prices in NG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 96 addresses on Candle Meadow, Colwick Park, Nottingham, NG2, 1, Candle Meadow, Nottingham comes out as the 72nd largest and the 84th most expensive in our analysis of the public data.
It is also £206k less expensive than the average property across the NG2 district.
From 1, Candle Meadow, Nottingham, the nearest station is Netherfield, 1.3 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Candle Meadow, Nottingham, 46.0% of property is privately owned outright and 36.5% 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 1, Candle Meadow, Nottingham, 16.0% of residents are recorded as possessing school level qualifications and 19.7% 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 1, Candle Meadow, Nottingham, the average age was 38.4 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 1, Candle Meadow, Nottingham, 0.4% 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 1, Candle Meadow, Nottingham, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.