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In this area, houses of this size normally have 3 bedrooms with a garden.
132, Melbourne Road, Nottingham has an estimated sale value of £175,473 and an estimated rental value of £1,102 per month, assuming reasonable condition and based on the information available.
Melbourne Road, Nottingham, NG8 lies within the NG8 postal district.
132, Melbourne Road, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated June 2016.
We combine this information with public data 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.
In very good condition, we estimate 132, Melbourne Road, Nottingham would be worth £184,247, with a potential rental value of £1,157 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £163,190, with a rental value of £1,025 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 132, Melbourne Road, Nottingham has dropped by £4,254 (2.4%) over the last year. During the same period, its estimated monthly rental value has risen by £18 (1.6%). The property's estimated gross yield is currently 7.5%.
132, Melbourne Road, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jun 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 570 metres of 132, Melbourne Road, Nottingham across the last 2 years.
Most recently, 79, Tenbury Crescent, Nottingham, NG8 5HU, a freehold house, sold at £176,000 on the 22nd March 2024.
Read more about house prices in NG8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 132, Melbourne Road, Nottingham as the 115th largest and the 129th most expensive of the 186 addresses on Melbourne Road, Nottingham, NG8.
Against the NG8 postcode district average, it is £58k less expensive than the typical property.
Bulwell station is the nearest stop to 132, Melbourne Road, Nottingham at 2.9 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 132, Melbourne Road, Nottingham, 30.8% of property is socially rented and 26.7% 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 132, Melbourne Road, Nottingham, 26.6% of residents are recorded as possessing school level qualifications and 25.4% 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 132, Melbourne Road, Nottingham, the average age was 32.8 and the most common age was 7.
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 132, Melbourne Road, 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 132, Melbourne Road, Nottingham, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.