2, De Morgan Close
2, De Morgan Close
Description & Estimates
2, De Morgan Close, Nottingham is recorded publicly as a mid-century freehold house across 1,399 ft2 of internal area, sitting on a 514 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, De Morgan Close, Nottingham is £414,745 and its rental estimate is £1,421 per month, given the available information and assuming reasonable condition.
De Morgan Close, Underwood, Nottingham, NG16 falls within the NG16 postal district, in the borough of Ashfield.
Our Data Sources
2, De Morgan Close, Nottingham has 31 entries in the Land Registry , most recently in July 2014 and a single entry in the EPC database dated July 2014.
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 2, De Morgan Close, Nottingham, we estimate a market value of £435,482 and a rental value of £1,492 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £385,713 and £1,321 per month respectively.
Recent Market Change
Over the last year, 2, De Morgan Close, Nottingham has seen its estimated sale value fall by £15,479 (3.7%) and its estimated rental value move up by £18 per month (1.3%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for 2, De Morgan Close, Nottingham as measuring 514 m2.
That makes it the 18th largest plot in the postcode, where all 22 other houses have recorded plot data.
Energy Efficiency
2, De Morgan Close, Nottingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Jul 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, De Morgan Close, Nottingham completed on 11th July 2014 at £205,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 39.2% over the period since July 2014.
- Sold Jul 2014£205,000
- Sold May 1998£98,500
- Sold Dec 1995£94,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, De Morgan Close, Nottingham have sold within a radius of 1.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th May 2024, was 22, Old Chapel Lane, Nottingham, NG16 5ET, a freehold house which sold for £415,000.
Read more about house prices in NG16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 22 addresses on De Morgan Close, Underwood, Nottingham, NG16, 2, De Morgan Close, Nottingham comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £197k more expensive than the average property across the NG16 district.
More reading links
Schools Nearby
- 500mUnderwood Church of England Primary School
- 800mBagthorpe Primary School
- 1.7kmBrinsley Primary and Nursery School
- 2.3kmSelston High School
- 3.8kmHall Park Academy
- 4.3kmAldercar High School
More reading links
Public Transport Nearby
From 2, De Morgan Close, Nottingham, the nearest station is Langley Mill, 4.5 kilometres away.
- 4.5kmLangley Mill
- 5.4kmNewstead
- 6.0kmKirkby-in-Ashfield
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.
