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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
The public record describes 40, Balfour Road, Nottingham as a period house with 1,280 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
40, Balfour Road, Nottingham has an estimated sale value of £385,385 and an estimated rental value of £1,042 per month, assuming reasonable condition and based on the information available.
Balfour Road, Nottingham, NG7 lies within the NG7 postal district.
40, Balfour Road, Nottingham has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2018.
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.
In very good condition, we estimate 40, Balfour Road, Nottingham would be worth £404,654, with a potential rental value of £1,094 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £358,408, with a rental value of £969 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 40, Balfour Road, Nottingham has declined by £7,518 (2.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £6 (0.5%). The property's estimated gross yield is currently 3.2%.
40, Balfour Road, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Dec 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
40, Balfour Road, Nottingham last changed hands on 2nd April 2004, selling for £145,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 350 metres of 40, Balfour Road, Nottingham across the last 2 years.
Most recently, 24, Balfour Road, Nottingham, NG7 1NZ, a freehold house, sold at £435,000 on the 25th July 2023.
Read more about house prices in NG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 40, Balfour Road, Nottingham as the 11th largest and the 6th most expensive of the 62 addresses on Balfour Road, Nottingham, NG7.
Against the NG7 postcode district average, it is £187k more expensive than the typical property.
Nottingham station is the nearest stop to 40, Balfour Road, Nottingham at 1.7 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 40, Balfour Road, Nottingham, 86.1% of property is privately rented and 7.0% is privately owned outright.
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 40, Balfour Road, Nottingham, 88.0% of residents are recorded as possessing school level qualifications and 12.9% 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 40, Balfour Road, 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 40, Balfour Road, 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 40, Balfour Road, 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.
