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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Red Lane, Nottingham is a period freehold house with 861 ft2 of internal area and sits on a 526 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Red Lane, Nottingham is £341,108 and the estimated rental value is £1,310 per month.
Red Lane, Lowdham, Nottingham, NG14 is located in the borough of Newark and Sherwood within the NG14 postal district.
1, Red Lane, Nottingham has 21 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated December 2020.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Red Lane, Nottingham is in very good condition we estimate a sale value of £358,163 and a rental value of £1,376 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £317,231 and a rental value of £1,219 per month.
Over the last 12 months the sale value of 1 Red Lane Nottingham has decreased by an estimated £4,912 (1.4%) and its rental value has increased by an estimated £14 per month (1.1%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 1, Red Lane, Nottingham sits on a plot of 526m2.
We have plot size data on 6 out of 8 other houses in the postcode and 1, Red Lane, Nottingham sits on the 3rd largest plot.
1, Red Lane, Nottingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Red Lane, Nottingham was last sold on 24th June 2021 for £314,750 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2021, the market for similar properties has dropped 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Red Lane, Nottingham within a radius of 2.7 kilometres over the last 2 years.
The most recent example is 7, Lambley Road, Nottingham, NG14 7AZ, a freehold house which sold for £170,000 on the 2nd June 2021.
Read more about house prices in NG14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Red Lane, Lowdham, Nottingham, NG14 has a total of 8 addresses. According to our analysis of all the public data, 1, Red Lane, Nottingham is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £16k less expensive than the average property in NG14.
The closest station to 1, Red Lane, Nottingham is Lowdham station which is 800 metres away.
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 1, Red Lane, Nottingham, 72.1% of property is privately owned outright and 24.0% 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, Red Lane, Nottingham, 14.0% of residents are recorded as possessing school level qualifications and 39.3% 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, Red Lane, Nottingham, the average age was 47.1 and the most common age was 57.
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, Red Lane, Nottingham, 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 1, Red Lane, Nottingham, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
