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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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1, Richards Place, Nottingham is recorded publicly as a modern freehold house across 1,119 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Richards Place, Nottingham is £377,511 and its rental estimate is £1,406 per month, given the available information and assuming reasonable condition.
Richards Place, Keyworth, Nottingham, NG12 falls within the NG12 postal district, in the borough of Rushcliffe.
1, Richards Place, Nottingham has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Richards Place, Nottingham, we estimate a market value of £396,387 and a rental value of £1,476 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £351,086 and £1,307 per month respectively.
Over the last year, 1, Richards Place, Nottingham has seen its estimated sale value decline by £4,299 (1.1%) and its estimated rental value climb by £17 per month (1.2%). This results in an estimated gross rental yield of 4.5%.
1, Richards Place, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 1, Richards Place, Nottingham completed on 28th March 2023 at £399,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 6.6% over the period since March 2023.
Over the past 2 years 3 properties similar to 1, Richards Place, Nottingham have sold within a radius of 900 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd August 2024, was 8, Littlewood Court, Nottingham, NG12 5SX, a freehold house which sold for £399,000.
Read more about house prices in NG12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 24 addresses on Richards Place, Keyworth, Nottingham, NG12, 1, Richards Place, Nottingham comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £8k more expensive than the average property across the NG12 district.
From 1, Richards Place, Nottingham, the nearest station is Radcliffe (Nottinghamshire), 8.4 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Richards Place, Nottingham, 62.9% of property is privately owned outright and 32.2% 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, Richards Place, Nottingham, 9.4% of residents are recorded as possessing school level qualifications and 41.3% 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, Richards Place, Nottingham, the average age was 49.4 and the most common age was 72.
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, Richards Place, Nottingham, 2.1% 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, Richards Place, Nottingham, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
