1, Redhill Road
1, Redhill Road
Description & Estimates
Public records show 1, Redhill Road, Nottingham to be a mid-century leasehold apartment with 731 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
1, Redhill Road, Nottingham has an estimated sale value of £146,369 and an estimated rental value of £789 per month, assuming reasonable condition and based on the information available.
Redhill Road, Arnold, Nottingham, NG5 lies in the borough of Gedling, within the NG5 postal district.
Our Data Sources
1, Redhill Road, Nottingham has 2 entries in the Land Registry , most recently in November 2018 and a single entry in the EPC database dated September 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 1, Redhill Road, Nottingham would be worth £153,687, with a potential rental value of £828 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £136,123, with a rental value of £734 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Redhill Road, Nottingham has moved down by £3,528 (2.4%) over the last year. During the same period, its estimated monthly rental value has increased by £11 (1.4%). The property's estimated gross yield is currently 6.5%.
Energy Efficiency
1, Redhill Road, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Sep 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Redhill Road, Nottingham last changed hands on 29th November 2018, selling for £130,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 20.0% since November 2018.
- Sold Nov 2018£130,000
- Sold May 2015£100,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 500 metres of 1, Redhill Road, Nottingham across the last 2 years.
Most recently, 14, Cross Street, Nottingham, NG5 7BL, a leasehold flat, sold at £140,000 on the 25th August 2023.
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
Our analysis of the public data ranks 1, Redhill Road, Nottingham as the 107th largest and the 115th most expensive of the 127 addresses on Redhill Road, Arnold, Nottingham, NG5.
Against the NG5 postcode district average, it is £74k less expensive than the typical property.
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Schools Nearby
- 300mArnold Mill Primary and Nursery School
- 600mRobert Mellors Primary Academy
- 600mRichard Bonington Primary and Nursery School
- 200mRedhill Academy
- 1.3kmArnold Hill Spencer Academy
- 1.4kmChrist The King Voluntary Academy
More reading links
Public Transport Nearby
Bulwell station is the nearest stop to 1, Redhill Road, Nottingham at 4.6 kilometres away.
- 4.6kmBulwell
- 5.7kmHucknall
- 5.8kmCarlton
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
