4 Faraday Court, Nottingham
4 Faraday Court, Nottingham
Description & Estimates
According to the public record, 4 Faraday Court, Nottingham is a modern apartment with 409 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 4 Faraday Court, Nottingham is £102,445 and the estimated rental value is £664 per month.
The apartment is within Faraday Court, Rectory Road, Colwick, Nottingham, NG4.
Rectory Road, Colwick, Nottingham, NG4 is located in the borough of Gedling within the NG4 postal district.
Our Data Sources
4 Faraday Court, 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 4 Faraday Court, Nottingham is in very good condition we estimate a sale value of £107,567 and a rental value of £698 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £95,274 and a rental value of £618 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4 Faraday Court, Nottingham has moved down by £1,817 (1.8%), while its estimated rental value has increased by £3 per month (0.5%). Based on current estimates, the property offers a gross rental yield of 7.8%.
Energy Efficiency
4 Faraday Court, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jan 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within 780 metres of 4 Faraday Court, Nottingham over the last 2 years.
The most recent example is 9, Mile End Road, Nottingham, NG4 2DW, a freehold house which sold for £98,500 on the 6th March 2018.
Read more about house prices in NG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Rectory Road, Colwick, Nottingham, NG4 has a total of 12 addresses. According to our analysis of all the public data, 4 Faraday Court, Nottingham is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in NG4.
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Schools Nearby
- 100mColwick St John the Baptist CofE Primary Academy
- 1.0kmParkdale Primary School
- 1.1kmThe Sacred Heart Primary Catholic Voluntary Academy
- 2.3kmCarlton Academy
- 2.8kmCarlton le Willows Academy
- 3.6kmThe Wells Academy
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Public Transport Nearby
The closest station to 4 Faraday Court, Nottingham is Netherfield station, which is 1.1 kilometres away.
- 1.1kmNetherfield
- 1.4kmCarlton
- 3.8kmRadcliffe (Nottinghamshire)
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
