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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Richards Close, Nottingham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 902 ft2 of internal area and sits on a 376 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Richards Close, Nottingham is £284,560 and the estimated rental value is £1,233 per month.
Richards Close, Cropwell Bishop, Nottingham, NG12 is located in the borough of Rushcliffe within the NG12 postal district.
2, Richards Close, Nottingham has a single entry in the Land Registry from February 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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, Richards Close, Nottingham is in very good condition we estimate a sale value of £298,788 and a rental value of £1,294 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £264,641 and a rental value of £1,147 per month.
Over the last 12 months the sale value of 2 Richards Close Nottingham has decreased by an estimated £3,241 (1.1%) and its rental value has increased by an estimated £15 per month (1.2%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 2, Richards Close, Nottingham sits on a plot of 376m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2, Richards Close, Nottingham sits on the 2nd largest plot.
According to HM Land Registry, 2, Richards Close, Nottingham was last sold on 12th February 2020 for £217,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2020, the market for similar properties has risen 36.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Richards Close, Nottingham within a radius of 3.0 kilometres over the last 2 years.
The most recent example is 5, Brownhill Close, Nottingham, NG12 3DN, a freehold house which sold for £300,000 on the 18th December 2024.
Read more about house prices in NG12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richards Close, Cropwell Bishop, Nottingham, NG12 has a total of 4 addresses. According to our analysis of all the public data, 2, Richards Close, Nottingham is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in NG12.
The closest station to 2, Richards Close, Nottingham is Bingham station which is 5.2 kilometres away.
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, Richards Close, Nottingham, 43.9% of property is privately owned outright and 28.4% 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, Richards Close, Nottingham, 15.3% of residents are recorded as possessing school level qualifications and 43.1% 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, Richards Close, Nottingham, the average age was 47.2 and the most common age was 57.
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, Richards Close, Nottingham, 2.2% 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, Richards Close, Nottingham, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
