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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
447, The Wells Road, Nottingham is described in the public record as a period house with 742 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 447, The Wells Road, Nottingham is £135,476 and its rental estimate is £900 per month, given the available information and assuming reasonable condition.
The Wells Road, Nottingham, NG3 falls within the NG3 postal district.
447, The Wells Road, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated February 2020.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 447, The Wells Road, Nottingham, we estimate a market value of £142,250 and a rental value of £945 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £125,993 and £837 per month respectively.
Over the last year, 447, The Wells Road, Nottingham has seen its estimated sale value fall by £2,688 (2.0%) and its estimated rental value move up by £5 per month (0.6%). This results in an estimated gross rental yield of 8.0%.
447, The Wells Road, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 447, The Wells Road, Nottingham have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th April 2022, was 453, The Wells Road, Nottingham, NG3 3AE, a freehold house which sold for £97,000.
Read more about house prices in NG3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 231 addresses on The Wells Road, Nottingham, NG3, 447, The Wells Road, Nottingham comes out as the 119th largest and the 157th most expensive in our analysis of the public data.
It is also £85k less expensive than the average property across the NG3 district.
From 447, The Wells Road, Nottingham, the nearest station is Carlton, 3.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 447, The Wells Road, Nottingham, 35.3% of property is socially rented and 32.9% is privately owned with a mortgage.
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 447, The Wells Road, Nottingham, 20.6% of residents are recorded as possessing school level qualifications and 37.7% 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 447, The Wells Road, Nottingham, the average age was 36.9 and the most common age was 37.
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 447, The Wells Road, Nottingham, 0.6% 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 447, The Wells Road, 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.
