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According to the public record, 2, Ludgate Close, Nottingham is a modern house with 452 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Ludgate Close, Nottingham is £150,343 and the estimated rental value is £780 per month.
Ludgate Close, Arnold, Nottingham, NG5 is located in the borough of Gedling within the NG5 postal district.
2, Ludgate Close, Nottingham has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2021.
We combine this information with public data 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.
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 2, Ludgate Close, Nottingham is in very good condition we estimate a sale value of £157,861 and a rental value of £819 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £139,819 and a rental value of £726 per month.
Over the last 12 months the sale value of 2 Ludgate Close Nottingham has decreased by an estimated £3,427 (2.3%) and its rental value has increased by an estimated £12 per month (1.5%), giving an expected gross yield of 6.2%.
2, Ludgate Close, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Dec 2021.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 2, Ludgate Close, Nottingham was last sold on 19th December 1997 for £26,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Ludgate Close, Nottingham within a radius of 840 metres over the last 2 years.
The most recent example is 17, Ludgate Close, Nottingham, NG5 9QQ, a freehold house which sold for £155,000 on the 29th June 2023.
Read more about house prices in NG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ludgate Close, Arnold, Nottingham, NG5 has a total of 38 addresses. According to our analysis of all the public data, 2, Ludgate Close, Nottingham is the 36th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in NG5.
The closest station to 2, Ludgate Close, Nottingham is Bulwell station which is 3.0 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 2, Ludgate Close, Nottingham, 38.8% of property is privately owned with a mortgage and 38.0% 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 2, Ludgate Close, Nottingham, 15.2% of residents are recorded as possessing school level qualifications and 29.5% 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 2, Ludgate Close, Nottingham, the average age was 42.1 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 2, Ludgate Close, Nottingham, 0.8% 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 2, Ludgate Close, Nottingham, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.