298, New Rise
298, New Rise
Description & Estimates
Public records show 298, New Rise, Nottingham to be a modern leasehold apartment with 1,022 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
298, New Rise, Nottingham has an estimated sale value of £301,871 and an estimated rental value of £1,235 per month, assuming reasonable condition and based on the information available.
New Rise, Nottingham, NG11 lies within the NG11 postal district.
Our Data Sources
298, New Rise, Nottingham has 3 entries in the Land Registry , most recently in February 2024 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
In very good condition, we estimate 298, New Rise, Nottingham would be worth £316,964, with a potential rental value of £1,297 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £280,740, with a rental value of £1,148 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 298, New Rise, Nottingham has fallen by £6,187 (2.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £19 (1.6%). The property's estimated gross yield is currently 4.9%.
Energy Efficiency
298, 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
298, New Rise, Nottingham last changed hands on 29th February 2024, selling for £232,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 43.4% since February 2024.
- Sold Feb 2024£232,000
- Sold Oct 2022£171,000
- Sold Apr 2010£89,068
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of 298, New Rise, Nottingham across the last 2 years.
Most recently, 121, New Rise, Nottingham, NG11 8BH, a leasehold flat, sold at £360,000 on the 30th November 2023.
Read more about house prices in NG11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 298, New Rise, Nottingham as the 12th largest and the 75th most expensive of the 316 addresses on New Rise, Nottingham, NG11.
Against the NG11 postcode district average, it is £40k more expensive than the typical property.
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
Attenborough station is the nearest stop to 298, New Rise, Nottingham at 2.7 kilometres away.
- 2.7kmAttenborough
- 2.7kmBeeston
- 6.1kmEast Midlands Parkway
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
