40, Prospect Road
40, Prospect Road
Description & Estimates
Public records show 40, Prospect Road, Nottingham to be an early-century freehold house with 861 ft2 of internal area, sitting on a 353 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
40, Prospect Road, Nottingham has an estimated sale value of £243,809 and an estimated rental value of £1,112 per month, assuming reasonable condition and based on the information available.
Prospect Road, Carlton, Nottingham, NG4 lies in the borough of Gedling, within the NG4 postal district.
Our Data Sources
40, Prospect Road, Nottingham has 31 entries in the Land Registry , most recently in June 2019 and a single entry in the EPC database dated February 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 40, Prospect Road, Nottingham would be worth £255,999, with a potential rental value of £1,167 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £226,742, with a rental value of £1,034 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, Prospect Road, Nottingham has decreased by £4,333 (1.8%) over the last year. During the same period, its estimated monthly rental value has grown by £13 (1.1%). The property's estimated gross yield is currently 5.5%.
Plot Size
40, Prospect Road, Nottingham occupies a 353 m2 plot as recorded by HM Land Registry.
Of the 44 other houses in this postcode, 41 have recorded plot sizes, and this one ranks as the 11th largest.
Energy Efficiency
40, Prospect Road, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Feb 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
40, Prospect Road, Nottingham last changed hands on 28th June 2019, selling for £207,500. 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 24.8% since June 2019.
- Sold Jun 2019£207,500
- Sold Aug 2005£155,000
- Sold May 2000£63,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 510 metres of 40, Prospect Road, Nottingham across the last 2 years.
Most recently, 38, Prospect Road, Nottingham, NG4 1LY, a freehold house, sold at £312,500 on the 12th September 2025.
Read more about house prices in NG4.
•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, Prospect Road, Nottingham as the 82nd largest and the 51st most expensive of the 157 addresses on Prospect Road, Carlton, Nottingham, NG4.
Against the NG4 postcode district average, it is £13k more expensive than the typical property.
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Schools Nearby
- 300mPorchester Junior School
- 600mStandhill Infants' School
- 900mHogarth Academy
- 700mCarlton Academy
- 1.2kmThe Wells Academy
- 2.8kmArnold Hill Spencer Academy
More reading links
Public Transport Nearby
Carlton station is the nearest stop to 40, Prospect Road, Nottingham at 2.4 kilometres away.
- 2.4kmCarlton
- 2.6kmNetherfield
- 3.6kmNottingham
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
