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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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34, Prestwood Drive, Nottingham appears in the public record as a freehold house sitting on a 585 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,401 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 34, Prestwood Drive, Nottingham is £362,448 and its rental estimate is £1,377 per month, given the available information and assuming reasonable condition.
Prestwood Drive, Nottingham, NG8 falls within the NG8 postal district.
34, Prestwood Drive, Nottingham has 21 entries in the Land Registry , most recently in February 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 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 34, Prestwood Drive, Nottingham, we estimate a market value of £380,571 and a rental value of £1,446 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £337,077 and £1,280 per month respectively.
Over the last year, 34, Prestwood Drive, Nottingham has seen its estimated sale value fall by £10,129 (2.8%) and its estimated rental value move up by £11 per month (0.8%). This results in an estimated gross rental yield of 4.6%.
HM Land Registry records the plot of land for 34, Prestwood Drive, Nottingham as measuring 585 m2.
That makes it the 10th largest plot in the postcode, where all 43 other houses have recorded plot data.
The most recent sale of 34, Prestwood Drive, Nottingham completed on 9th February 2018 at £330,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 1.7% over the period since February 2018.
Over the past 2 years 3 properties similar to 34, Prestwood Drive, Nottingham have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th May 2024, was 39, Prestwood Drive, Nottingham, NG8 3LY, a freehold house which sold for £370,000.
Read more about house prices in NG8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 43 addresses on Prestwood Drive, Nottingham, NG8, 34, Prestwood Drive, Nottingham comes out as the 23rd largest and the 22nd most expensive in our analysis of the public data.
It is also £129k more expensive than the average property across the NG8 district.
From 34, Prestwood Drive, Nottingham, the nearest station is Bulwell, 3.7 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 34, Prestwood Drive, Nottingham, 58.1% of property is privately owned outright and 34.7% 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 34, Prestwood Drive, Nottingham, 27.1% of residents are recorded as possessing school level qualifications and 33.4% 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 34, Prestwood Drive, Nottingham, the average age was 35.8 and the most common age was 37.
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 34, Prestwood Drive, Nottingham, 0.5% 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 34, Prestwood Drive, Nottingham, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
