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According to the public record, 34, The Cedars, Nottingham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 465 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 34, The Cedars, Nottingham is £124,339 and the estimated rental value is £693 per month.
The Cedars, Nottingham, NG5 is located within the NG5 postal district.
34, The Cedars, Nottingham has a single entry in the Land Registry from September 2013 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 5 out of 5 and is considered of high 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 34, The Cedars, Nottingham is in very good condition we estimate a sale value of £130,556 and a rental value of £728 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £115,635 and a rental value of £645 per month.
Over the last 12 months the sale value of 34 The Cedars Nottingham has decreased by an estimated £2,082 (1.7%) and its rental value has increased by an estimated £17 per month (2.5%), giving an expected gross yield of 6.7%.
According to HM Land Registry, 34, The Cedars, Nottingham was last sold on 9th September 2013 for £56,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2013, the market for similar properties has risen 16.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, The Cedars, Nottingham within a radius of 610 metres over the last 2 years.
The most recent example is 5, Brookdale Court, Nottingham, NG5 3GD, a leasehold flat which sold for £110,000 on the 12th November 2024.
Read more about house prices in NG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Cedars, Nottingham, NG5 has a total of 53 addresses. According to our analysis of all the public data, 34, The Cedars, Nottingham is the 53rd largest and the 48th most expensive property on the street.
When compared to the postcode district it is £94k less expensive than the average property in NG5.
The closest station to 34, The Cedars, Nottingham is Bulwell station which is 3.8 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 34, The Cedars, Nottingham, 48.3% of property is privately owned outright and 31.7% 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, The Cedars, Nottingham, 16.9% of residents are recorded as possessing school level qualifications and 31.3% 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 34, The Cedars, Nottingham, the average age was 38.6 and the most common age was 32.
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, The Cedars, Nottingham, 1.2% 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, The Cedars, Nottingham, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.