27, Nicholson Close
27, Nicholson Close
Description & Estimates
27, 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 27, 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.
Our Data Sources
27, Nicholson Close, Nottingham has a single entry in the Land Registry from December 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.
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 27, 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.
Recent Market Change
Over the last year, 27, Nicholson Close, Nottingham has seen its estimated sale value fall by £5,399 (2.4%) and its estimated rental value move up by £19 per month (1.8%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
27, Nicholson Close, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 27, Nicholson Close, Nottingham completed on 7th December 2022 at £217,995 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 6.1% over the period since December 2022.
- Sold Dec 2022£217,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 27, Nicholson Close, Nottingham have sold within a radius of 880 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.
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Location Comparison
Of the 32 addresses on Nicholson Close, Redhill, Nottingham, NG5, 27, Nicholson Close, Nottingham comes out as the 14th largest and the 12th most expensive in our analysis of the public data.
It is also £4k more expensive than the average property across the NG5 district.
More reading links
Schools Nearby
- 700mRichard Bonington Primary and Nursery School
- 1.0kmArnold Mill Primary and Nursery School
- 1.4kmSt Margaret Clitherow Catholic Primary School
- 700mRedhill Academy
- 1.8kmThe Oakwood Academy
- 2.2kmChrist The King Voluntary Academy
More reading links
Public Transport Nearby
From 27, Nicholson Close, Nottingham, the nearest station is Bulwell, 4.6 kilometres away.
- 4.6kmBulwell
- 5.0kmHucknall
- 6.6kmCarlton
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
