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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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According to the public record, 3, Old Mill Close, Nottingham is a mid-century freehold house with 1,065 ft2 of internal area and sits on a 154 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Old Mill Close, Nottingham is £174,771 and the estimated rental value is £1,022 per month.
Old Mill Close, Nottingham, NG7 is located within the NG7 postal district.
3, Old Mill Close, Nottingham has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Old Mill Close, Nottingham is in very good condition we estimate a sale value of £183,509 and a rental value of £1,073 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £162,537 and a rental value of £950 per month.
Over the last 12 months the sale value of 3 Old Mill Close Nottingham has decreased by an estimated £3,687 (2.1%) and its rental value has increased by an estimated £8 per month (0.8%), giving an expected gross yield of 7%.
According to data from HM Land Registry, 3, Old Mill Close, Nottingham sits on a plot of 154m2.
We have plot size data on 6 out of 9 other houses in the postcode and 3, Old Mill Close, Nottingham sits on the 4th largest plot.
3, Old Mill Close, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Old Mill Close, Nottingham was last sold on 24th March 2016 for £110,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2016, the market for similar properties has risen 56.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Old Mill Close, Nottingham within a radius of 290 metres over the last 2 years.
The most recent example is 17, Grant Street, Nottingham, NG7 3GS, a freehold house which sold for £180,000 on the 18th January 2023.
Read more about house prices in NG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Mill Close, Nottingham, NG7 has a total of 9 addresses. According to our analysis of all the public data, 3, Old Mill Close, Nottingham is the largest and the most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in NG7.
The closest station to 3, Old Mill Close, Nottingham is Nottingham station which is 1.9 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Old Mill Close, Nottingham, 69.3% of property is socially rented and 21.6% 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, Old Mill Close, Nottingham, 40.2% of residents are recorded as possessing school level qualifications and 20.9% 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, Old Mill Close, Nottingham, the average age was 27.6 and the most common age was 22.
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, Old Mill Close, Nottingham, 0.0% 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, Old Mill Close, Nottingham, there are an average of 0.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
