1, Lortas Mews
1, Lortas Mews
Description & Estimates
1, Lortas Mews, Nottingham is described in the public record as a modern house with 1,528 ft2 of internal area, sitting on a 2,553 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Lortas Mews, Nottingham is £355,089 and its rental estimate is £1,274 per month, given the available information and assuming reasonable condition.
Lortas Mews, Nottingham, NG5 falls within the NG5 postal district.
Our Data Sources
1, Lortas Mews, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated October 2021.
We combine this information with public data 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.
Price Range & Condition
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, Lortas Mews, Nottingham, we estimate a market value of £372,843 and a rental value of £1,337 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £330,233 and £1,185 per month respectively.
Recent Market Change
Over the last year, 1, Lortas Mews, Nottingham has seen its estimated sale value decrease by £8,854 (2.5%) and its estimated rental value grow by £20 per month (1.6%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for 1, Lortas Mews, Nottingham as measuring 2,553 m2.
That makes it the largest plot in the postcode, where all 3 other houses have recorded plot data.
Energy Efficiency
1, Lortas Mews, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Oct 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Lortas Mews, Nottingham have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th August 2020, was 17, Westbury Mews, Nottingham, NG5 1EN, a freehold house which sold for £300,000.
Read more about house prices in NG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 3 addresses on Lortas Mews, Nottingham, NG5, 1, Lortas Mews, Nottingham comes out as the 2nd largest and the 3rd most expensive in our analysis of the public data.
It is also £135k more expensive than the average property across the NG5 district.
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Schools Nearby
- 400mHeathfield Primary and Nursery School
- 700mDjanogly Northgate Academy
- 900mDjanogly Sherwood Academy
- 500mNottingham Free School
- 1.5kmEllis Guilford School
- 1.6kmBluecoat Trent Academy
More reading links
Public Transport Nearby
From 1, Lortas Mews, Nottingham, the nearest station is Bulwell, 2.8 kilometres away.
- 2.8kmBulwell
- 4.0kmNottingham
- 6.2kmCarlton
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
