31, Nicholson Close
31, Nicholson Close
Description & Estimates
The public record describes 31, Nicholson Close, Nottingham as a modern house with 828 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
31, Nicholson Close, Nottingham has an estimated sale value of £239,258 and an estimated rental value of £1,121 per month, assuming reasonable condition and based on the information available.
Nicholson Close, Redhill, Nottingham, NG5 lies in the borough of Gedling, within the NG5 postal district.
Our Data Sources
31, Nicholson Close, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated January 2023.
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.
Price Range & Condition
In very good condition, we estimate 31, Nicholson Close, Nottingham would be worth £251,221, with a potential rental value of £1,177 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £222,510, with a rental value of £1,042 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 31, Nicholson Close, Nottingham has fallen by £5,769 (2.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £20 (1.8%). The property's estimated gross yield is currently 5.6%.
Energy Efficiency
31, Nicholson Close, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jan 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 880 metres of 31, Nicholson Close, Nottingham across the last 2 years.
Most recently, 36, Nicholson Close, Nottingham, NG5 8RQ, a freehold house, sold at £230,000 on the 10th February 2023.
Read more about house prices in NG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 31, Nicholson Close, Nottingham as the 7th largest and the 7th most expensive of the 32 addresses on Nicholson Close, Redhill, Nottingham, NG5.
Against the NG5 postcode district average, it is £19k more expensive than the typical property.
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Schools Nearby
- 700mRichard Bonington Primary and Nursery School
- 1.0kmArnold Mill Primary and Nursery School
- 1.4kmSt Margaret Clitherow Catholic Primary School
- 700mRedhill Academy
- 1.8kmThe Oakwood Academy
- 2.2kmChrist The King Voluntary Academy
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Public Transport Nearby
Bulwell station is the nearest stop to 31, Nicholson Close, Nottingham at 4.6 kilometres away.
- 4.6kmBulwell
- 5.0kmHucknall
- 6.6kmCarlton
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
