289, New Rise
289, New Rise
Description & Estimates
289, New Rise, Nottingham is recorded publicly as a modern leasehold apartment across 1,022 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 289, New Rise, Nottingham is £301,871 and its rental estimate is £1,235 per month, given the available information and assuming reasonable condition.
New Rise, Nottingham, NG11 falls within the NG11 postal district.
Our Data Sources
289, New Rise, Nottingham has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 289, New Rise, Nottingham, we estimate a market value of £316,964 and a rental value of £1,297 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £280,740 and £1,148 per month respectively.
Recent Market Change
Over the last year, 289, New Rise, Nottingham has seen its estimated sale value decrease by £6,187 (2.0%) and its estimated rental value grow by £19 per month (1.6%). This results in an estimated gross rental yield of 4.9%.
Energy Efficiency
289, New Rise, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Jan 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
The most recent sale of 289, New Rise, Nottingham completed on 15th June 2023 at £285,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 43.2% over the period since June 2023.
- Sold Jun 2023£285,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 289, New Rise, Nottingham have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th February 2024, was 298, New Rise, Nottingham, NG11 8BZ, a leasehold flat which sold for £232,000.
Read more about house prices in NG11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 316 addresses on New Rise, Nottingham, NG11, 289, New Rise, Nottingham comes out as the 13th largest and the 76th most expensive in our analysis of the public data.
It is also £40k more expensive than the average property across the NG11 district.
More reading links
Schools Nearby
- 600mWhitegate Primary and Nursery School
- 800mHighbank Primary and Nursery School
- 1.0kmBlessed Robert Widmerpool Catholic Primary and Nursery School
- 2.2kmFarnborough Spencer Academy
- 3.0kmChilwell School
- 4.2kmThe Becket School
More reading links
Public Transport Nearby
From 289, New Rise, Nottingham, the nearest station is Attenborough, 2.7 kilometres away.
- 2.7kmAttenborough
- 2.7kmBeeston
- 6.1kmEast Midlands Parkway
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.
