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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, 16, Spring Lane, Nottingham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,244 ft2 of internal area and sits on a 1,117 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Spring Lane, Nottingham is £527,645 and the estimated rental value is £1,790 per month.
Spring Lane, Lambley, Nottingham, NG4 is located in the borough of Gedling within the NG4 postal district.
16, Spring Lane, Nottingham has 2 entries in the Land Registry , most recently in June 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 16, Spring Lane, Nottingham is in very good condition we estimate a sale value of £554,027 and a rental value of £1,880 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £490,710 and a rental value of £1,665 per month.
Over the last 12 months the sale value of 16 Spring Lane Nottingham has decreased by an estimated £15,375 (2.9%) and its rental value has increased by an estimated £8 per month (0.4%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 16, Spring Lane, Nottingham sits on a plot of 1117m2.
We have plot size data on 22 out of 24 other houses in the postcode and 16, Spring Lane, Nottingham sits on the 8th largest plot.
According to HM Land Registry, 16, Spring Lane, Nottingham was last sold on 18th June 2019 for £355,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2019, the market for similar properties has dropped 18.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Spring Lane, Nottingham within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 164, Spring Lane, Nottingham, NG4 4PE, a freehold house which sold for £1,000,000 on the 26th January 2024.
Read more about house prices in NG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Lane, Lambley, Nottingham, NG4 has a total of 116 addresses. According to our analysis of all the public data, 16, Spring Lane, Nottingham is the 60th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £300k more expensive than the average property in NG4.
The closest station to 16, Spring Lane, Nottingham is Burton Joyce station which is 2.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 16, Spring Lane, Nottingham, 31.5% of property is privately owned with a mortgage and 30.7% is privately owned outright.
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 16, Spring Lane, Nottingham, 18.9% of residents are recorded as possessing school level qualifications and 30.9% 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 16, Spring Lane, Nottingham, the average age was 45.8 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 16, Spring Lane, Nottingham, 0.7% 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 16, Spring 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.
