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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
The public record describes 42, Addison Street, Nottingham as a period house with 1,679 ft2 of internal area, sitting on a 222 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
42, Addison Street, Nottingham has an estimated sale value of £357,298 and an estimated rental value of £2,630 per month, assuming reasonable condition and based on the information available.
Addison Street, Nottingham, NG1 lies within the NG1 postal district.
42, Addison Street, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated May 2023.
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.
In very good condition, we estimate 42, Addison Street, Nottingham would be worth £375,163, with a potential rental value of £2,762 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £332,287, with a rental value of £2,446 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 42, Addison Street, Nottingham has dropped by £3,129 (0.9%) over the last year. During the same period, its estimated monthly rental value has risen by £24 (0.9%). The property's estimated gross yield is currently 8.8%.
42, Addison Street, Nottingham occupies a 222 m2 plot as recorded by HM Land Registry.
Of the 18 other houses in this postcode, 15 have recorded plot sizes, and this one ranks as the 12th largest.
42, Addison Street, Nottingham has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 19 May 2023.
The property is connected to mains gas and has single glazed windows. It is heated using Room heaters, dual fuel (mineral and wood).
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 390 metres of 42, Addison Street, Nottingham across the last 2 years.
Most recently, 34-36, Addison Street, Nottingham, NG1 4HA, a freehold house, sold at £470,000 on the 23rd June 2023.
Read more about house prices in NG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 42, Addison Street, Nottingham as the 10th largest and the 21st most expensive of the 98 addresses on Addison Street, Nottingham, NG1.
Against the NG1 postcode district average, it is £209k more expensive than the typical property.
Nottingham station is the nearest stop to 42, Addison Street, Nottingham at 1.8 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 42, Addison Street, Nottingham, 73.3% of property is privately rented and 10.8% is socially 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 42, Addison Street, Nottingham, 72.0% of residents are recorded as possessing school level qualifications and 23.1% 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 42, Addison Street, Nottingham, the average age was 25.4 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 42, Addison Street, Nottingham, 0.5% 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 42, Addison Street, Nottingham, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
