40, Candle Meadow
40, Candle Meadow
Description & Estimates
According to the public record, 40, Candle Meadow, Nottingham is a mid-century freehold house with 430 ft2 of internal area and sits on a 163 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Candle Meadow, Nottingham is £107,329 and the estimated rental value is £697 per month.
Candle Meadow, Colwick Park, Nottingham, NG2 is located within the NG2 postal district.
Our Data Sources
40, Candle Meadow, Nottingham has a single entry in the Land Registry from June 2020 and a single entry in the EPC database dated February 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 40, Candle Meadow, Nottingham is in very good condition we estimate a sale value of £112,695 and a rental value of £732 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £99,816 and a rental value of £648 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 40, Candle Meadow, Nottingham has moved down by £1,281 (1.2%), while its estimated rental value has increased by £3 per month (0.4%). Based on current estimates, the property offers a gross rental yield of 7.8%.
Plot Size
According to data from HM Land Registry, 40, Candle Meadow, Nottingham sits on a plot of 163 m2.
We have plot size data on 49 out of 49 other houses in the postcode and 40, Candle Meadow, Nottingham sits on the 22nd largest plot.
Energy Efficiency
40, Candle Meadow, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Feb 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 40, Candle Meadow, Nottingham was last sold on 26th June 2020 for £80,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2020, the market for similar properties has risen by 179.0%.
- Sold Jun 2020£80,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Candle Meadow, Nottingham within a radius of 810 metres over the last 2 years.
The most recent example is 11, Candle Meadow, Nottingham, NG2 4DW, a freehold house which sold for £88,000 on the 30th June 2020.
Read more about house prices in NG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Candle Meadow, Colwick Park, Nottingham, NG2 has a total of 96 addresses. According to our analysis of all the public data, 40, Candle Meadow, Nottingham is the 94th largest and the 90th most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in NG2.
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Schools Nearby
- 400mColwick St John the Baptist CofE Primary Academy
- 1.0kmParkdale Primary School
- 1.3kmThe Sacred Heart Primary Catholic Voluntary Academy
- 2.5kmCarlton Academy
- 3.1kmCarlton le Willows Academy
- 3.5kmThe Wells Academy
More reading links
Public Transport Nearby
The closest station to 40, Candle Meadow, Nottingham is Netherfield station, which is 1.4 kilometres away.
- 1.4kmNetherfield
- 1.7kmCarlton
- 3.5kmNottingham
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be low.
