123, New Rise
123, New Rise
Description & Estimates
123, New Rise, Nottingham is recorded publicly as a modern leasehold apartment across 699 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 123, New Rise, Nottingham is £268,243 and its rental estimate is £1,166 per month, given the available information and assuming reasonable condition.
New Rise, Nottingham, NG11 falls within the NG11 postal district.
Our Data Sources
123, New Rise, Nottingham has a single entry in the Land Registry from November 2021 and a single entry in the EPC database dated July 2021.
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
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 123, New Rise, Nottingham, we estimate a market value of £281,656 and a rental value of £1,225 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £249,466 and £1,085 per month respectively.
Recent Market Change
Over the last year, 123, New Rise, Nottingham has seen its estimated sale value fall by £6,458 (2.4%) and its estimated rental value move up by £13 per month (1.1%). This results in an estimated gross rental yield of 5.2%.
Energy Efficiency
123, New Rise, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
The most recent sale of 123, New Rise, Nottingham completed on 15th November 2021 at £275,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 47.6% over the period since November 2021.
- Sold Nov 2021£275,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 123, New Rise, Nottingham have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st January 2025, was 16, New Rise, Nottingham, NG11 8BF, a leasehold flat which sold for £300,000.
Read more about house prices in NG11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 316 addresses on New Rise, Nottingham, NG11, 123, New Rise, Nottingham comes out as the 152nd largest and the 146th most expensive in our analysis of the public data.
It is also £6k more expensive than the average property across the NG11 district.
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Schools Nearby
- 600mWhitegate Primary and Nursery School
- 800mHighbank Primary and Nursery School
- 1.0kmBlessed Robert Widmerpool Catholic Primary and Nursery School
- 2.2kmFarnborough Spencer Academy
- 3.0kmChilwell School
- 4.2kmThe Becket School
More reading links
Public Transport Nearby
From 123, New Rise, Nottingham, the nearest station is Attenborough, 2.7 kilometres away.
- 2.7kmAttenborough
- 2.7kmBeeston
- 6.1kmEast Midlands Parkway
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
