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According to the public record, 4, Park Terrace, Nottingham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,620 ft2 of internal area and sits on a 443 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Park Terrace, Nottingham is £898,325 and the estimated rental value is £4,468 per month.
Park Terrace, Nottingham, NG1 is located within the NG1 postal district.
4, Park Terrace, Nottingham has 2 entries in the Land Registry , most recently in September 2020 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 3 out of 5 and is considered of medium 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 4, Park Terrace, Nottingham is in very good condition we estimate a sale value of £943,242 and a rental value of £4,691 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £835,443 and a rental value of £4,155 per month.
Over the last 12 months the sale value of 4 Park Terrace Nottingham has decreased by an estimated £15,967 (1.8%) and its rental value has increased by an estimated £70 per month (1.6%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 4, Park Terrace, Nottingham sits on a plot of 443m2.
We have plot size data on 22 out of 23 other houses in the postcode and 4, Park Terrace, Nottingham sits on the 18th largest plot.
According to HM Land Registry, 4, Park Terrace, Nottingham was last sold on 11th September 2020 for £985,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2020, the market for similar properties has dropped 61.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Park Terrace, Nottingham within a radius of 400 metres over the last 2 years.
The most recent example is 7, Park Valley, Nottingham, NG7 1BS, a freehold house which sold for £1,246,000 on the 24th June 2021.
Read more about house prices in NG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Terrace, Nottingham, NG1 has a total of 50 addresses. According to our analysis of all the public data, 4, Park Terrace, Nottingham is the 14th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £750k more expensive than the average property in NG1.
The closest station to 4, Park Terrace, Nottingham is Nottingham station which is 1.0 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Park Terrace, Nottingham, 42.2% of property is privately owned outright and 29.6% 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 4, Park Terrace, Nottingham, 18.3% of residents are recorded as possessing school level qualifications and 71.8% 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 4, Park Terrace, Nottingham, the average age was 29.6 and the most common age was 22.
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 4, Park Terrace, Nottingham, 3.1% 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 4, Park Terrace, Nottingham, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.