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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
According to the public record, 40, Elliott Drive, Nottingham is a modern freehold house with 818 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Elliott Drive, Nottingham is £287,131 and the estimated rental value is £1,090 per month.
Elliott Drive, Gedling, Nottingham, NG4 is located in the borough of Gedling within the NG4 postal district.
40, Elliott Drive, Nottingham has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated June 2023.
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.
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, Elliott Drive, Nottingham is in very good condition we estimate a sale value of £301,488 and a rental value of £1,145 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,032 and a rental value of £1,014 per month.
Over the last 12 months the sale value of 40 Elliott Drive Nottingham has decreased by an estimated £5,103 (1.8%) and its rental value has increased by an estimated £12 per month (1.1%), giving an expected gross yield of 4.6%.
40, Elliott Drive, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jun 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Elliott Drive, Nottingham was last sold on 29th June 2023 for £255,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2023, the market for similar properties has dropped 21.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Elliott Drive, Nottingham within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 36, Elliott Drive, Nottingham, NG4 2SS, a freehold house which sold for £257,000 on the 30th June 2023.
Read more about house prices in NG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elliott Drive, Gedling, Nottingham, NG4 has a total of 39 addresses. According to our analysis of all the public data, 40, Elliott Drive, Nottingham is the 33rd largest and the 29th most expensive property on the street.
When compared to the postcode district it is £56k more expensive than the average property in NG4.
The closest station to 40, Elliott Drive, Nottingham is Carlton station which is 1.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 40, Elliott Drive, Nottingham, 65.7% of property is privately owned outright and 31.4% 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 40, Elliott Drive, Nottingham, 14.3% of residents are recorded as possessing school level qualifications and 37.3% 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, Elliott Drive, Nottingham, the average age was 42.6 and the most common age was 52.
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, Elliott Drive, 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, Elliott Drive, Nottingham, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
