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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 47, Craven Road, Nottingham is £96,125 and the estimated rental value is £599 per month.
The apartment is within 47, Craven Road, Nottingham, NG7.
Craven Road, Nottingham, NG7 is located within the NG7 postal district.
47, Craven Road, Nottingham has 21 entries in the Land Registry , most recently in June 2019 and a single entry in the EPC database dated January 2018.
We combine this information with that 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.
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 47, Craven Road, Nottingham is in very good condition we estimate a sale value of £100,932 and a rental value of £629 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £89,397 and a rental value of £557 per month.
Over the last 12 months the sale value of 47 Craven Road Nottingham has decreased by an estimated £1,339 (1.4%) and its rental value has increased by an estimated £6 per month (1.0%), giving an expected gross yield of 7.5%.
47, Craven Road, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jan 2018.
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, 47, Craven Road, Nottingham was last sold on 7th June 2019 for £67,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2019, the market for similar properties has risen 39.6%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 47, Craven Road, Nottingham within a radius of 390 metres over the last 2 years.
The most recent example is 45A, Craven Road, Nottingham, NG7 5GD, a leasehold flat which sold for £103,500 on the 17th November 2022.
Read more about house prices in NG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Craven Road, Nottingham, NG7 has a total of 31 addresses. According to our analysis of all the public data, 47, Craven Road, Nottingham is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in NG7.
The closest station to 47, Craven Road, Nottingham is Nottingham station which is 3.0 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 47, Craven Road, Nottingham, 39.3% of property is socially rented and 23.7% 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 47, Craven Road, Nottingham, 38.3% of residents are recorded as possessing school level qualifications and 20.0% 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 47, Craven Road, Nottingham, the average age was 30.7 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 47, Craven 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 47, Craven Road, Nottingham, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.