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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 318, Spring Lane, Nottingham is £493,722 and the estimated rental value is £1,339 per month.
Spring Lane, Mapperley, Nottingham, NG3 is located in the borough of Gedling within the NG3 postal district.
318, Spring Lane, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated January 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 318, Spring Lane, Nottingham is in very good condition we estimate a sale value of £518,408 and a rental value of £1,406 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £459,161 and a rental value of £1,246 per month.
Over the last 12 months the sale value of 318 Spring Lane Nottingham has decreased by an estimated £11,772 (2.4%) and its rental value has increased by an estimated £4 per month (0.3%), giving an expected gross yield of 3.3%.
According to data from HM Land Registry, 318, Spring Lane, Nottingham sits on a plot of 2010m2.
We have plot size data on 26 out of 32 other houses in the postcode and 318, Spring Lane, Nottingham sits on the 8th largest plot.
318, Spring Lane, Nottingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Jan 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 318, Spring Lane, Nottingham within a radius of 970 metres over the last 2 years.
The most recent example is 10, Shaldon Close, Nottingham, NG3 5XF, a freehold house which sold for £480,000 on the 4th July 2024.
Read more about house prices in NG3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Lane, Mapperley, Nottingham, NG3 has a total of 63 addresses. According to our analysis of all the public data, 318, Spring Lane, Nottingham is the 21st largest and the 19th most expensive property on the street.
When compared to the postcode district it is £273k more expensive than the average property in NG3.
The closest station to 318, Spring Lane, Nottingham is Carlton station which is 3.8 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 318, Spring Lane, Nottingham, 53.8% of property is privately owned outright and 31.8% 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 318, Spring Lane, Nottingham, 15.6% of residents are recorded as possessing school level qualifications and 28.2% 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 318, Spring Lane, Nottingham, the average age was 45.8 and the most common age was 57.
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 318, Spring Lane, Nottingham, 0.6% 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 318, Spring Lane, Nottingham, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.