131, New Rise
131, New Rise
Description & Estimates
131, New Rise, Nottingham is recorded publicly as a modern leasehold apartment across 807 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 131, New Rise, Nottingham is £295,236 and its rental estimate is £1,286 per month, given the available information and assuming reasonable condition.
New Rise, Nottingham, NG11 falls within the NG11 postal district.
Our Data Sources
131, New Rise, Nottingham has 2 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated October 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 131, New Rise, Nottingham, we estimate a market value of £309,998 and a rental value of £1,350 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £274,569 and £1,196 per month respectively.
Recent Market Change
Over the last year, 131, New Rise, Nottingham has seen its estimated sale value decline by £6,051 (2.0%) and its estimated rental value climb by £20 per month (1.6%). This results in an estimated gross rental yield of 5.2%.
Energy Efficiency
131, New Rise, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
The most recent sale of 131, New Rise, Nottingham completed on 30th November 2021 at £320,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 38.7% over the period since November 2021.
- Sold Nov 2021£320,000
- Sold Sep 2009£111,802
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 131, New Rise, Nottingham have sold within a radius of 640 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, 131, New Rise, Nottingham comes out as the 38th largest and the 81st most expensive in our analysis of the public data.
It is also £33k 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
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Public Transport Nearby
From 131, 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.
