3 Faraday Court, Nottingham
3 Faraday Court, Nottingham
Description & Estimates
The public record describes 3 Faraday Court, Nottingham as a modern apartment with 409 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
3 Faraday Court, Nottingham has an estimated sale value of £102,445 and an estimated rental value of £664 per month, assuming reasonable condition and based on the information available.
The apartment sits within Faraday Court, Rectory Road, Colwick, Nottingham, NG4.
Rectory Road, Colwick, Nottingham, NG4 lies in the borough of Gedling, within the NG4 postal district.
Our Data Sources
3 Faraday Court, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated January 2023.
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
In very good condition, we estimate 3 Faraday Court, Nottingham would be worth £107,567, with a potential rental value of £698 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £95,274, with a rental value of £618 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 3 Faraday Court, Nottingham has declined by £1,817 (1.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £3 (0.5%). The property's estimated gross yield is currently 7.8%.
Energy Efficiency
3 Faraday Court, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Jan 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 780 metres of 3 Faraday Court, Nottingham across the last 2 years.
Most recently, 9, Mile End Road, Nottingham, NG4 2DW, a freehold house, sold at £98,500 on the 6th March 2018.
Read more about house prices in NG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3 Faraday Court, Nottingham as the 9th largest and the 9th most expensive of the 12 addresses on Rectory Road, Colwick, Nottingham, NG4.
Against the NG4 postcode district average, it is £129k less expensive than the typical property.
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Schools Nearby
- 100mColwick St John the Baptist CofE Primary Academy
- 1.0kmParkdale Primary School
- 1.1kmThe Sacred Heart Primary Catholic Voluntary Academy
- 2.3kmCarlton Academy
- 2.8kmCarlton le Willows Academy
- 3.6kmThe Wells Academy
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Public Transport Nearby
Netherfield station is the nearest stop to 3 Faraday Court, Nottingham at 1.1 kilometres away.
- 1.1kmNetherfield
- 1.4kmCarlton
- 3.8kmRadcliffe (Nottinghamshire)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
