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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
47, Main Street, Nottingham appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 813 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 47, Main Street, Nottingham is £282,709 and its rental estimate is £1,075 per month, given the available information and assuming reasonable condition.
Main Street, Lambley, Nottingham, NG4 falls within the NG4 postal district, in the borough of Gedling.
47, Main Street, Nottingham has a single entry in the Land Registry from August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 47, Main Street, Nottingham, we estimate a market value of £296,844 and a rental value of £1,129 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £262,919 and £1,000 per month respectively.
Over the last year, 47, Main Street, Nottingham has seen its estimated sale value fall by £5,024 (1.8%) and its estimated rental value move up by £12 per month (1.1%). This results in an estimated gross rental yield of 4.6%.
The most recent sale of 47, Main Street, Nottingham completed on 30th August 2007 at £173,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 17.7% over the period since August 2007.
Over the past 2 years 3 properties similar to 47, Main Street, Nottingham have sold within a radius of 2.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th August 2023, was 23, Flamstead Avenue, Nottingham, NG4 4PL, a freehold house which sold for £244,000.
Read more about house prices in NG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 60 addresses on Main Street, Lambley, Nottingham, NG4, 47, Main Street, Nottingham comes out as the 48th largest and the 32nd most expensive in our analysis of the public data.
It is also £52k more expensive than the average property across the NG4 district.
From 47, Main Street, Nottingham, the nearest station is Burton Joyce, 2.4 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 47, Main Street, Nottingham, 48.6% of property is privately owned outright and 40.3% 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 47, Main Street, Nottingham, 17.9% of residents are recorded as possessing school level qualifications and 40.2% 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, Main Street, Nottingham, the average age was 45.8 and the most common age was 57.
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, Main Street, Nottingham, 1.5% 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 47, Main Street, Nottingham, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
