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According to the public record, 168, Melbourne Road, Nottingham is an early-century freehold house with 710 ft2 of internal area and sits on a 262 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 168, Melbourne Road, Nottingham is £175,473 and the estimated rental value is £1,102 per month.
Melbourne Road, Nottingham, NG8 is located within the NG8 postal district.
168, Melbourne Road, Nottingham has 31 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated May 2022.
We combine this information with that 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.
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 168, Melbourne Road, Nottingham is in very good condition we estimate a sale value of £184,247 and a rental value of £1,157 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,190 and a rental value of £1,025 per month.
Over the past 12 months, the estimated sale value of 168, Melbourne Road, Nottingham has fallen by £4,254 (2.4%), while its estimated rental value has moved up by £18 per month (1.6%). Based on current estimates, the property offers a gross rental yield of 7.5%.
According to data from HM Land Registry, 168, Melbourne Road, Nottingham sits on a plot of 262 m2.
We have plot size data on 26 out of 30 other houses in the postcode and 168, Melbourne Road, Nottingham sits on the 22nd largest plot.
168, Melbourne Road, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 168, Melbourne Road, Nottingham was last sold on 1st September 2022 for £230,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since September 2022, the market for similar properties has risen by 22.4%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 168, Melbourne Road, Nottingham within a radius of 580 metres over the last 2 years.
The most recent example is 79, Tenbury Crescent, Nottingham, NG8 5HU, a freehold house which sold for £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.
Melbourne Road, Nottingham, NG8 has a total of 186 addresses. According to our analysis of all the public data, 168, Melbourne Road, Nottingham is the 113th largest and the 128th most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in NG8.
The closest station to 168, Melbourne Road, Nottingham is Bulwell station, which is 2.9 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 168, 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 168, 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 168, 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 168, 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 168, 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.
