40, Millfield Road
40, Millfield Road
Description & Estimates
Public records show 40, Millfield Road, Nottingham to be a mid-century freehold house with 904 ft2 of internal area, sitting on a 173 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
40, Millfield Road, Nottingham has an estimated sale value of £260,849 and an estimated rental value of £1,015 per month, assuming reasonable condition and based on the information available.
Millfield Road, Kimberley, Nottingham, NG16 lies in the borough of Broxtowe, within the NG16 postal district.
Our Data Sources
40, Millfield Road, Nottingham has 31 entries in the Land Registry , most recently in November 2014 and a single entry in the EPC database dated June 2014.
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
In very good condition, we estimate 40, Millfield Road, Nottingham would be worth £273,891, with a potential rental value of £1,066 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £242,589, with a rental value of £944 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 40, Millfield Road, Nottingham has decreased by £8,423 (3.2%) over the last year. During the same period, its estimated monthly rental value has grown by £16 (1.6%). The property's estimated gross yield is currently 4.7%.
Plot Size
40, Millfield Road, Nottingham occupies a 173 m2 plot as recorded by HM Land Registry.
All 44 other houses in this postcode have recorded plot sizes, and this one ranks as the 44th largest.
Energy Efficiency
40, Millfield Road, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
40, Millfield Road, Nottingham last changed hands on 28th November 2014, selling for £165,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 47.0% since November 2014.
- Sold Nov 2014£165,000
- Sold May 2007£135,000
- Sold Aug 1995£56,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 890 metres of 40, Millfield Road, Nottingham across the last 2 years.
Most recently, 36, Millfield Road, Nottingham, NG16 2LJ, a freehold house, sold at £223,000 on the 2nd June 2023.
Read more about house prices in NG16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 40, Millfield Road, Nottingham as the 27th largest and the 25th most expensive of the 44 addresses on Millfield Road, Kimberley, Nottingham, NG16.
Against the NG16 postcode district average, it is £43k more expensive than the typical property.
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Schools Nearby
- 400mHollywell Primary School
- 500mGilthill Primary School
- 1.7kmKimberley Primary School
- 1.2kmThe Kimberley School
- 3.4kmHall Park Academy
- 4.2kmThe Holgate Academy
More reading links
Public Transport Nearby
Ilkeston station is the nearest stop to 40, Millfield Road, Nottingham at 3.2 kilometres away.
- 3.2kmIlkeston
- 4.5kmLangley Mill
- 4.9kmBulwell
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
