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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, Russell Drive, Nottingham is a early-century freehold house with 990 ft2 of internal area and sits on a 264 m2 plot.
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, Russell Drive, Nottingham is £322,755 and the estimated rental value is £1,333 per month.
Russell Drive, Nottingham, NG8 is located within the NG8 postal district.
40, Russell Drive, Nottingham has a single entry in the Land Registry from July 2024 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 4 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, Russell Drive, Nottingham is in very good condition we estimate a sale value of £338,893 and a rental value of £1,400 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,162 and a rental value of £1,240 per month.
Over the last 12 months the sale value of 40 Russell Drive Nottingham has decreased by an estimated £7,824 (2.4%) and its rental value has increased by an estimated £22 per month (1.6%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 40, Russell Drive, Nottingham sits on a plot of 264m2.
We have plot size data on 33 out of 34 other houses in the postcode and 40, Russell Drive, Nottingham sits on the 33rd largest plot.
40, Russell Drive, Nottingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Apr 2024.
The property is connected to mains gas and has some secondary glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Russell Drive, Nottingham was last sold on 3rd July 2024 for £275,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2024, the market for similar properties has dropped 40.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Russell Drive, Nottingham within a radius of 770 metres over the last 2 years.
The most recent example is 21, Russell Crescent, Nottingham, NG8 2BQ, a freehold house which sold for £340,000 on the 24th November 2023.
Read more about house prices in NG8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Russell Drive, Nottingham, NG8 has a total of 141 addresses. According to our analysis of all the public data, 40, Russell Drive, Nottingham is the 124th largest and the 115th most expensive property on the street.
When compared to the postcode district it is £89k more expensive than the average property in NG8.
The closest station to 40, Russell Drive, Nottingham is Beeston station which is 3.8 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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, Russell Drive, Nottingham, % of property is and % is .
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, Russell Drive, Nottingham, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Russell 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, Russell Drive, Nottingham, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
