Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Park Terrace, Nottingham is a period apartment with 1,625 ft2 of internal area.
Apartments 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 2, Park Terrace, Nottingham is £583,301 and the estimated rental value is £2,916 per month.
Park Terrace, Nottingham, NG1 is located within the NG1 postal district.
2, Park Terrace, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated February 2017.
We combine this information with public data 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.
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, Park Terrace, Nottingham is in very good condition we estimate a sale value of £612,467 and a rental value of £3,062 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £542,470 and a rental value of £2,712 per month.
Over the last 12 months the sale value of 2 Park Terrace Nottingham has decreased by an estimated £15,238 (2.6%) and its rental value has increased by an estimated £9 per month (0.3%), giving an expected gross yield of 6%.
2, Park Terrace, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Feb 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 2, Park Terrace, Nottingham within a radius of 390 metres over the last 2 years.
The most recent example is Apartment 4, Oakhill House 32, Park Terrace, Nottingham, NG1 5DN, a leasehold flat which sold for £495,000 on the 12th January 2024.
Read more about house prices in NG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Terrace, Nottingham, NG1 has a total of 50 addresses. According to our analysis of all the public data, 2, Park Terrace, Nottingham is the 30th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £435k more expensive than the average property in NG1.
The closest station to 2, Park Terrace, Nottingham is Nottingham station which is 1.0 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.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Park Terrace, Nottingham, 42.2% of property is privately owned outright and 29.6% 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 2, Park Terrace, Nottingham, 18.3% of residents are recorded as possessing school level qualifications and 71.8% 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, Park Terrace, Nottingham, the average age was 29.6 and the most common age was 22.
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, Park Terrace, Nottingham, 3.1% 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, Park Terrace, Nottingham, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
