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According to the public record, 41, Cyprus Road, Nottingham is a period leasehold apartment with 1,560 ft2 of internal area.
Apartments 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 41, Cyprus Road, Nottingham is £308,020 and the estimated rental value is £1,210 per month.
The apartment is within 41, Cyprus Road, Nottingham, NG3.
Cyprus Road, Nottingham, NG3 is located within the NG3 postal district.
41, Cyprus Road, Nottingham has 3 entries in the Land Registry , most recently in July 2019 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 41, Cyprus Road, Nottingham is in very good condition we estimate a sale value of £323,421 and a rental value of £1,270 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,459 and a rental value of £1,125 per month.
Over the last 12 months the sale value of 41 Cyprus Road Nottingham has increased by an estimated £1,342 (0.4%) and its rental value has increased by an estimated £47 per month (3.9%), giving an expected gross yield of 4.7%.
41, Cyprus Road, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 41, Cyprus Road, Nottingham was last sold on 29th July 2019 for £241,811 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since July 2019, the market for similar properties has risen 7.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Cyprus Road, Nottingham within a radius of 510 metres over the last 2 years.
The most recent example is Flat 5, The Chestnuts 25, Magdala Road, Nottingham, NG3 5DE, a leasehold flat which sold for £273,000 on the 10th May 2024.
Read more about house prices in NG3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cyprus Road, Nottingham, NG3 has a total of 108 addresses. According to our analysis of all the public data, 41, Cyprus Road, Nottingham is the 41st largest and the 54th most expensive property on the street.
When compared to the postcode district it is £90k more expensive than the average property in NG3.
The closest station to 41, Cyprus Road, Nottingham is Nottingham station which is 2.7 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 41, Cyprus Road, Nottingham, 31.6% of property is privately owned with a mortgage and 25.5% is privately rented.
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 41, Cyprus Road, Nottingham, 13.1% of residents are recorded as possessing school level qualifications and 58.4% 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 41, Cyprus Road, Nottingham, the average age was 38 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 41, Cyprus Road, 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 41, Cyprus Road, Nottingham, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
