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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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31, Melbury Road, Nottingham is described in the public record as an early-century house with 904 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 31, Melbury Road, Nottingham is £198,809 and its rental estimate is £1,201 per month, given the available information and assuming reasonable condition.
Melbury Road, Nottingham, NG8 falls within the NG8 postal district.
31, Melbury Road, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated August 2017.
We combine this information with public data 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 31, Melbury Road, Nottingham, we estimate a market value of £208,750 and a rental value of £1,261 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £184,893 and £1,117 per month respectively.
Over the last year, 31, Melbury Road, Nottingham has seen its estimated sale value decrease by £4,819 (2.4%) and its estimated rental value grow by £20 per month (1.6%). This results in an estimated gross rental yield of 7.3%.
31, Melbury Road, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Aug 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 31, Melbury Road, Nottingham have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th April 2023, was 45, Melbury Road, Nottingham, NG8 4AX, a freehold house which sold for £185,000.
Read more about house prices in NG8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 108 addresses on Melbury Road, Nottingham, NG8, 31, Melbury Road, Nottingham comes out as the 72nd largest and the 51st most expensive in our analysis of the public data.
It is also £35k less expensive than the average property across the NG8 district.
From 31, Melbury Road, Nottingham, the nearest station is Bulwell, 4.2 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 31, Melbury Road, Nottingham, 48.5% of property is socially rented and 24.6% 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, Melbury Road, Nottingham, 32.8% of residents are recorded as possessing school level qualifications and 16.3% 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 31, Melbury Road, Nottingham, the average age was 41.2 and the most common age was 52.
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, Melbury Road, Nottingham, 1.7% 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, Melbury Road, Nottingham, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
