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According to the public record, 2, South Road, Nottingham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,005 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, South Road, Nottingham is £617,601 and the estimated rental value is £1,203 per month.
South Road, Nottingham, NG7 is located within the NG7 postal district.
2, South Road, Nottingham has 21 entries in the Land Registry , most recently in November 2007 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 2 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, South Road, Nottingham is in very good condition we estimate a sale value of £648,481 and a rental value of £1,263 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £574,369 and a rental value of £1,119 per month.
Over the last 12 months the sale value of 2 South Road Nottingham has decreased by an estimated £17,061 (2.8%) and its rental value has increased by an estimated £9 per month (0.8%), giving an expected gross yield of 2.3%.
According to HM Land Registry, 2, South Road, Nottingham was last sold on 21st November 2007 for £675,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2007, the market for similar properties has dropped 42.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, South Road, Nottingham within a radius of 510 metres over the last 2 years.
The most recent example is 28, Lenton Road, Nottingham, NG7 1DT, a freehold house which sold for £503,000 on the 18th June 2024.
Read more about house prices in NG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Road, Nottingham, NG7 has a total of 16 addresses. According to our analysis of all the public data, 2, South Road, Nottingham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £421k more expensive than the average property in NG7.
The closest station to 2, South Road, Nottingham is Nottingham station which is 1.1 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, South Road, Nottingham, 37.2% of property is privately rented and 31.8% 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, South Road, Nottingham, 17.1% of residents are recorded as possessing school level qualifications and 75.2% 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, South Road, 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, South Road, Nottingham, 1.6% 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, South Road, Nottingham, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.