2503, Victoria Centre
2503, Victoria Centre
Description & Estimates
2503, Victoria Centre, Nottingham is described in the public record as a mid-century apartment with 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2503, Victoria Centre, Nottingham is £72,849 and its rental estimate is £734 per month, given the available information and assuming reasonable condition.
Victoria Centre, Nottingham, NG1 falls within the NG1 postal district.
Our Data Sources
2503, Victoria Centre, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated April 2016.
We combine this information with public data 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.
Price Range & Condition
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 2503, Victoria Centre, Nottingham, we estimate a market value of £76,491 and a rental value of £770 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £67,749 and £682 per month respectively.
Recent Market Change
Over the last year, 2503, Victoria Centre, Nottingham has seen its estimated sale value decrease by £1,872 (2.6%) and its estimated rental value decline by £5 per month (0.6%). This results in an estimated gross rental yield of 12.1%.
Energy Efficiency
2503, Victoria Centre, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Apr 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2503, Victoria Centre, Nottingham have sold within a radius of 250 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th November 2016, was 523, Victoria Centre, Nottingham, NG1 3PB, a leasehold flat which sold for £64,000.
Read more about house prices in NG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 494 addresses on Victoria Centre, Nottingham, NG1, 2503, Victoria Centre, Nottingham comes out as the 414th largest and the 392nd most expensive in our analysis of the public data.
It is also £76k less expensive than the average property across the NG1 district.
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Schools Nearby
- 500mHuntingdon Academy
- 800mSycamore Academy
- 1.1kmWilliam Booth Primary and Nursery School
- 1.5kmBluecoat Trent Academy
- 1.6kmDjanogly City Academy
- 2.5kmThe Wells Academy
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Public Transport Nearby
From 2503, Victoria Centre, Nottingham, the nearest station is Nottingham, 1.1 kilometres away.
- 1.1kmNottingham
- 4.6kmNetherfield
- 4.6kmCarlton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
