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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, 11, Red Lane, Nottingham is a period freehold house with 559 ft2 of internal area and sits on a 106 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 11, Red Lane, Nottingham is £201,761 and the estimated rental value is £1,073 per month.
Red Lane, Lowdham, Nottingham, NG14 is located in the borough of Newark and Sherwood within the NG14 postal district.
11, Red Lane, Nottingham has a single entry in the Land Registry from November 2019 and a single entry in the EPC database dated October 2018.
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 11, Red Lane, Nottingham is in very good condition we estimate a sale value of £211,849 and a rental value of £1,127 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £187,638 and a rental value of £998 per month.
Over the last 12 months the sale value of 11 Red Lane Nottingham has decreased by an estimated £3,231 (1.6%) and its rental value has increased by an estimated £6 per month (0.6%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 11, Red Lane, Nottingham sits on a plot of 106m2.
We have plot size data on 6 out of 8 other houses in the postcode and 11, Red Lane, Nottingham sits on the 5th largest plot.
11, Red Lane, Nottingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Oct 2018.
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, 11, Red Lane, Nottingham was last sold on 29th November 2019 for £160,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2019, the market for similar properties has risen 27.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Red Lane, Nottingham within a radius of 2.6 kilometres over the last 2 years.
The most recent example is 10, Southwell Road, Nottingham, NG14 7DT, a freehold house which sold for £185,000 on the 6th August 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, 11, Red Lane, Nottingham is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in NG14.
The closest station to 11, 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 11, 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 11, 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 11, 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 11, 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 11, 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.
