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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, Lavender Walk, Nottingham is £118,844 and the estimated rental value is £759 per month.
Lavender Walk, Nottingham, NG3 is located within the NG3 postal district.
40, Lavender Walk, Nottingham has a single entry in the Land Registry from June 2014 and a single entry in the EPC database dated April 2024.
We combine this information with that 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.
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, Lavender Walk, Nottingham is in very good condition we estimate a sale value of £124,787 and a rental value of £797 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £110,525 and a rental value of £706 per month.
Over the last 12 months the sale value of 40 Lavender Walk Nottingham has decreased by an estimated £2,747 (2.3%) and its rental value has increased by an estimated £11 per month (1.4%), giving an expected gross yield of 7.7%.
According to data from HM Land Registry, 40, Lavender Walk, Nottingham sits on a plot of 125m2.
We have plot size data on 12 out of 22 other houses in the postcode and 40, Lavender Walk, Nottingham sits on the 8th largest plot.
40, Lavender Walk, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Apr 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, 40, Lavender Walk, Nottingham was last sold on 11th June 2014 for £60,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2014, the market for similar properties has risen 123.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Lavender Walk, Nottingham within a radius of 420 metres over the last 2 years.
The most recent example is 54, Broad Oak Close, Nottingham, NG3 3PS, a leasehold house which sold for £150,000 on the 20th February 2024.
Read more about house prices in NG3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lavender Walk, Nottingham, NG3 has a total of 75 addresses. According to our analysis of all the public data, 40, Lavender Walk, Nottingham is the 31st largest and the 20th most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in NG3.
The closest station to 40, Lavender Walk, Nottingham is Nottingham station which is 2.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 40, Lavender Walk, Nottingham, 66.7% of property is socially rented and 15.9% 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, Lavender Walk, Nottingham, 25.5% of residents are recorded as possessing school level qualifications and 21.8% 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 40, Lavender Walk, Nottingham, the average age was 29.8 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, Lavender Walk, 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, Lavender Walk, Nottingham, there are an average of 0.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.