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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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23, Nicholson Close, Nottingham is recorded publicly as a modern freehold house across 721 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 23, Nicholson Close, Nottingham is £223,947 and its rental estimate is £1,084 per month, given the available information and assuming reasonable condition.
Nicholson Close, Redhill, Nottingham, NG5 falls within the NG5 postal district, in the borough of Gedling.
23, Nicholson Close, Nottingham has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated November 2022.
We combine this information with that 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 23, Nicholson Close, Nottingham, we estimate a market value of £235,145 and a rental value of £1,138 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £208,271 and £1,008 per month respectively.
Over the last year, 23, Nicholson Close, Nottingham has seen its estimated sale value move down by £5,399 (2.4%) and its estimated rental value increase by £19 per month (1.8%). This results in an estimated gross rental yield of 5.8%.
23, Nicholson Close, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 23, Nicholson Close, Nottingham completed on 30th November 2022 at £214,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 5.9% over the period since November 2022.
Over the past 2 years 3 properties similar to 23, Nicholson Close, Nottingham have sold within a radius of 860 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd February 2023, was 28, Nicholson Close, Nottingham, NG5 8RQ, a freehold house which sold for £190,000.
Read more about house prices in NG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 32 addresses on Nicholson Close, Redhill, Nottingham, NG5, 23, Nicholson Close, Nottingham comes out as the 17th largest and the 15th most expensive in our analysis of the public data.
It is also £4k more expensive than the average property across the NG5 district.
From 23, Nicholson Close, Nottingham, the nearest station is Bulwell, 4.6 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Nicholson Close, Nottingham, 77.1% of property is privately owned outright and 12.1% 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 23, Nicholson Close, Nottingham, 11.1% of residents are recorded as possessing school level qualifications and 32.7% 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 23, Nicholson 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 23, Nicholson Close, Nottingham, 0.0% 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 23, Nicholson Close, Nottingham, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
