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40, Main Road, Nottingham is described in the public record as a period house with 1,679 ft2 of internal area, sitting on a 883 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 40, Main Road, Nottingham is £474,283 and its rental estimate is £1,462 per month, given the available information and assuming reasonable condition.
Main Road, Ravenshead, Nottingham, NG15 falls within the NG15 postal district, in the borough of Gedling.
40, Main Road, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated January 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 40, Main Road, Nottingham, we estimate a market value of £497,997 and a rental value of £1,535 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £441,083 and £1,360 per month respectively.
Over the last year, 40, Main Road, Nottingham has seen its estimated sale value decrease by £11,668 (2.5%) and its estimated rental value grow by £21 per month (1.5%). This results in an estimated gross rental yield of 3.7%.
HM Land Registry records the plot of land for 40, Main Road, Nottingham as measuring 883 m2.
That makes it the 9th largest plot in the postcode, where 26 of the 29 other houses have recorded plot data.
40, Main Road, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jan 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 40, Main Road, Nottingham have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th January 2024, was 3, Linwood Crescent, Nottingham, NG15 9FZ, a freehold house which sold for £490,000.
Read more about house prices in NG15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 164 addresses on Main Road, Ravenshead, Nottingham, NG15, 40, Main Road, Nottingham comes out as the 63rd largest and the 55th most expensive in our analysis of the public data.
It is also £225k more expensive than the average property across the NG15 district.
From 40, Main Road, Nottingham, the nearest station is Newstead, 4.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Main Road, Nottingham, 50.9% of property is privately owned outright and 36.1% 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, Main Road, Nottingham, 15.3% of residents are recorded as possessing school level qualifications and 35.1% 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, Main Road, Nottingham, the average age was 46 and the most common age was 57.
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, Main Road, Nottingham, 1.1% 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 40, Main Road, Nottingham, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.