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15, Elliott Drive, Nottingham is recorded publicly as a modern freehold house across 818 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 15, Elliott Drive, Nottingham is £287,131 and its rental estimate is £1,090 per month, given the available information and assuming reasonable condition.
Elliott Drive, Gedling, Nottingham, NG4 falls within the NG4 postal district, in the borough of Gedling.
15, Elliott Drive, Nottingham has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 15, Elliott Drive, Nottingham, we estimate a market value of £301,488 and a rental value of £1,145 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £267,032 and £1,014 per month respectively.
Over the last year, 15, Elliott Drive, Nottingham has seen its estimated sale value decrease by £5,103 (1.8%) and its estimated rental value grow by £12 per month (1.1%). This results in an estimated gross rental yield of 4.6%.
15, Elliott Drive, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Jun 2023.
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 15, Elliott Drive, Nottingham completed on 28th July 2023 at £275,000 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 21.7% over the period since July 2023.
Over the past 2 years 3 properties similar to 15, Elliott Drive, Nottingham have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th July 2023, was 17, Elliott Drive, Nottingham, NG4 2SS, a freehold house which sold for £276,000.
Read more about house prices in NG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 39 addresses on Elliott Drive, Gedling, Nottingham, NG4, 15, Elliott Drive, Nottingham comes out as the 30th largest and the 27th most expensive in our analysis of the public data.
It is also £56k more expensive than the average property across the NG4 district.
From 15, Elliott Drive, Nottingham, the nearest station is Carlton, 1.6 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 15, Elliott Drive, Nottingham, 65.7% of property is privately owned outright and 31.4% 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 15, Elliott Drive, Nottingham, 14.3% of residents are recorded as possessing school level qualifications and 37.3% 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 15, Elliott Drive, Nottingham, the average age was 42.6 and the most common age was 52.
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 15, Elliott Drive, 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 15, Elliott Drive, 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.