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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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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.
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.
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.
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%.
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.
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.
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.
Bulwell station is the nearest stop to 31, Nicholson Close, Nottingham at 4.6 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 31, Nicholson Close, Nottingham, 77.1% of property is privately owned outright and 12.1% 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, Nicholson Close, Nottingham, 11.1% of residents are recorded as possessing school level qualifications and 32.7% 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, Nicholson Close, Nottingham, the average age was 42.1 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, Nicholson 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, Nicholson Close, Nottingham, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
