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According to the public record, 2, Ravensmore Road, Nottingham is a mid-century Leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Ravensmore Road, Nottingham is £60,538 and the estimated rental value is £404 per month.
The apartment is within 2, Ravensmore Road, Nottingham, NG5.
Ravensmore Road, Nottingham, NG5 is located within the NG5 postal district.
2, Ravensmore Road, Nottingham has a single entry in the Land Registry from September 2019 and a single entry in the EPC database dated June 2016.
We combine this information with that of neighbouring properties to estimate the property 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 2, Ravensmore Road, Nottingham is in very good condition we estimate a sale value of £63,565 and a rental value of £424 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £56,301 and a rental value of £376 per month.
Over the last 12 months the sale value of 2 Ravensmore Road Nottingham has decreased by an estimated £1,459 (2.4%) and its rental value has increased by an estimated £6 per month (1.4%), giving an expected gross yield of 8%.
2, Ravensmore Road, Nottingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Jun 2016.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Ravensmore Road, Nottingham was last sold on 24th September 2019 for £50,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2019, the market for similar properties has risen 37.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 410 metres radius of 2, Ravensmore Road, Nottingham over the last 2 years.
The most recent example is 20, Aubrey Road, Nottingham, NG5 2AL, a freehold house which sold for £165,000 on the 12th December 2019.
Read more about house prices in NG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ravensmore Road, Nottingham, NG5 has a total of 23 addresses. According to our analysis of all the public data, 2, Ravensmore Road, Nottingham is the 22nd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in NG5.
The closest station to 2, Ravensmore Road, Nottingham is Nottingham station which is 3.3 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, Ravensmore Road, Nottingham, 46.5% of property is privately owned outright and 37.2% 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, Ravensmore Road, Nottingham, 16.7% of residents are recorded as possessing school level qualifications and 56.5% 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, Ravensmore Road, Nottingham, the average age was 38 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, Ravensmore Road, Nottingham, 0.3% 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, Ravensmore Road, 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.
