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According to the public record, 31, Malcolm Close, Nottingham is a mid-century leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 31, Malcolm Close, Nottingham is £100,406 and the estimated rental value is £690 per month.
Malcolm Close, Nottingham, NG3 is located within the NG3 postal district.
31, Malcolm Close, Nottingham has a single entry in the Land Registry from February 2019 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 31, Malcolm Close, Nottingham is in very good condition we estimate a sale value of £105,426 and a rental value of £725 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £93,377 and a rental value of £642 per month.
Over the last 12 months the sale value of 31 Malcolm Close Nottingham has decreased by an estimated £1,680 (1.7%) and its rental value has increased by an estimated £11 per month (1.7%), giving an expected gross yield of 8.2%.
31, Malcolm Close, Nottingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 31, Malcolm Close, Nottingham was last sold on 14th February 2019 for £76,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2019, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Malcolm Close, Nottingham within a radius of 400 metres over the last 2 years.
The most recent example is 12A, Malcolm Close, Nottingham, NG3 5AP, a leasehold flat which sold for £100,000 on the 14th June 2024.
Read more about house prices in NG3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malcolm Close, Nottingham, NG3 has a total of 40 addresses. According to our analysis of all the public data, 31, Malcolm Close, Nottingham is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £118k less expensive than the average property in NG3.
The closest station to 31, Malcolm Close, Nottingham is Nottingham station which is 2.2 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 31, Malcolm Close, Nottingham, 60.1% of property is privately rented and 19.6% is privately owned with a mortgage.
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 31, Malcolm Close, Nottingham, 18.7% of residents are recorded as possessing school level qualifications and 61.4% 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 31, Malcolm Close, Nottingham, the average age was 38 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 31, Malcolm 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 31, Malcolm Close, Nottingham, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
