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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 3, Lortas Mews, Nottingham to be a modern freehold house with 1,593 ft2 of internal area, sitting on a 359 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Lortas Mews, Nottingham has an estimated sale value of £372,021 and an estimated rental value of £1,334 per month, assuming reasonable condition and based on the information available.
Lortas Mews, Nottingham, NG5 lies within the NG5 postal district.
3, Lortas Mews, Nottingham has a single entry in the Land Registry from October 2021 and a single entry in the EPC database dated October 2021.
We combine this information with that 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.
In very good condition, we estimate 3, Lortas Mews, Nottingham would be worth £390,622, with a potential rental value of £1,401 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £345,979, with a rental value of £1,241 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 3, Lortas Mews, Nottingham has dropped by £9,276 (2.5%) over the last year. During the same period, its estimated monthly rental value has risen by £21 (1.6%). The property's estimated gross yield is currently 4.3%.
3, Lortas Mews, Nottingham occupies a 359 m2 plot as recorded by HM Land Registry.
All 3 other houses in this postcode have recorded plot sizes, and this one ranks as the 2nd largest.
3, Lortas Mews, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Oct 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
3, Lortas Mews, Nottingham last changed hands on 15th October 2021, selling for £340,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 13.9% since October 2021.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 480 metres of 3, Lortas Mews, Nottingham across the last 2 years.
Most recently, 15, Westbury Mews, Nottingham, NG5 1EN, a freehold house, sold at £300,000 on the 11th September 2020.
Read more about house prices in NG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 3, Lortas Mews, Nottingham as the largest and the most expensive of the 3 addresses on Lortas Mews, Nottingham, NG5.
Against the NG5 postcode district average, it is £152k more expensive than the typical property.
Bulwell station is the nearest stop to 3, Lortas Mews, Nottingham at 2.8 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Lortas Mews, Nottingham, 40.5% of property is privately owned with a mortgage and 33.5% is privately rented.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Lortas Mews, Nottingham, 23.4% of residents are recorded as possessing school level qualifications and 37.3% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Lortas Mews, Nottingham, the average age was 34.7 and the most common age was 27.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Lortas Mews, Nottingham, 0.4% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Lortas Mews, Nottingham, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
