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According to the public record, 39, Chediston Vale, Nottingham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 454 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 39, Chediston Vale, Nottingham is £83,397 and the estimated rental value is £591 per month.
Chediston Vale, Nottingham, NG5 is located within the NG5 postal district.
39, Chediston Vale, Nottingham has a single entry in the Land Registry from October 2011 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 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 39, Chediston Vale, Nottingham is in very good condition we estimate a sale value of £87,566 and a rental value of £620 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £77,559 and a rental value of £549 per month.
Over the last 12 months the sale value of 39 Chediston Vale Nottingham has decreased by an estimated £1,396 (1.7%) and its rental value has increased by an estimated £15 per month (2.5%), giving an expected gross yield of 8.5%.
According to HM Land Registry, 39, Chediston Vale, Nottingham was last sold on 21st October 2011 for £47,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2011, the market for similar properties has risen 96.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Chediston Vale, Nottingham within a radius of 500 metres over the last 2 years.
The most recent example is 43, Rose Ash Lane, Nottingham, NG5 5PZ, a leasehold flat which sold for £88,000 on the 3rd March 2023.
Read more about house prices in NG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chediston Vale, Nottingham, NG5 has a total of 38 addresses. According to our analysis of all the public data, 39, Chediston Vale, Nottingham is the 35th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £135k less expensive than the average property in NG5.
The closest station to 39, Chediston Vale, Nottingham is Bulwell station which is 2.9 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 39, Chediston Vale, Nottingham, 31.1% of property is privately owned with a mortgage and 31.1% is socially rented.
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 39, Chediston Vale, Nottingham, 24.4% of residents are recorded as possessing school level qualifications and 18.5% 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 39, Chediston Vale, Nottingham, the average age was 40 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 39, Chediston Vale, 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 39, Chediston Vale, Nottingham, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
