3 The Gables, Nottingham
3 The Gables, Nottingham
Description & Estimates
According to the public record, 3 The Gables, Nottingham is a modern leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 3 The Gables, Nottingham is £166,095 and the estimated rental value is £914 per month.
The apartment is within The Gables, Plains Road, Nottingham, NG3.
Plains Road, Nottingham, NG3 is located in the borough of Gedling within the NG3 postal district.
Our Data Sources
3 The Gables, Nottingham has 2 entries in the Land Registry , most recently in January 2023 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 The Gables, Nottingham is in very good condition we estimate a sale value of £174,400 and a rental value of £960 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,468 and a rental value of £850 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3 The Gables, Nottingham has declined by £943 (0.6%), while its estimated rental value has climbed by £23 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 6.6%.
Energy Efficiency
3 The Gables, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Feb 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, 3 The Gables, Nottingham was last sold on 4th January 2023 for £175,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2023, the market for similar properties has dropped by 3.3%.
- Sold Jan 2023£175,000
- Sold Jun 2016£115,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 The Gables, Nottingham within a radius of 600 metres over the last 2 years.
The most recent example is 11 The Gables, Plains Road, Nottingham, NG3 5LE, a leasehold flat which sold for £155,000 on the 15th October 2024.
Read more about house prices in NG3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Plains Road, Nottingham, NG3 has a total of 195 addresses. According to our analysis of all the public data, 3 The Gables, Nottingham is the 149th largest and the 122nd most expensive property on the street.
When compared to the postcode district it is £54k less expensive than the average property in NG3.
More reading links
Schools Nearby
- 100mMapperley Plains Primary and Nursery School
- 600mThe Good Shepherd Catholic Primary, Arnold
- 800mWestdale Junior School
- 1.1kmArnold Hill Spencer Academy
- 1.4kmChrist The King Voluntary Academy
- 1.5kmThe Wells Academy
More reading links
Public Transport Nearby
The closest station to 3 The Gables, Nottingham is Carlton station, which is 3.5 kilometres away.
- 3.5kmCarlton
- 3.8kmNetherfield
- 5.0kmNottingham
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
