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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
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48, Balfour Road, Nottingham is recorded publicly as a period freehold house across 710 ft2 of internal area, sitting on a 87.7 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 48, Balfour Road, Nottingham is £268,113 and its rental estimate is £836 per month, given the available information and assuming reasonable condition.
Balfour Road, Nottingham, NG7 falls within the NG7 postal district.
48, Balfour Road, Nottingham has 51 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated October 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 48, Balfour Road, Nottingham, we estimate a market value of £281,519 and a rental value of £878 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £249,345 and £777 per month respectively.
Over the last year, 48, Balfour Road, Nottingham has seen its estimated sale value fall by £4,322 (1.6%) and its estimated rental value move up by £6 per month (0.7%). This results in an estimated gross rental yield of 3.7%.
HM Land Registry records the plot of land for 48, Balfour Road, Nottingham as measuring 88 m2.
That makes it the 8th largest plot in the postcode, where 15 of the 30 other houses have recorded plot data.
48, Balfour Road, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Oct 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 48, Balfour Road, Nottingham completed on 18th December 2020 at £423,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 20.0% over the period since December 2020.
Over the past 2 years 3 properties have sold within 350 metres of 48, Balfour Road, Nottingham, per the Land Registry and our network of Estate Agents.
The latest, on the 7th July 2023, was 46, Balfour Road, Nottingham, NG7 1NZ, a freehold house which sold for £510,000.
Read more about house prices in NG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 62 addresses on Balfour Road, Nottingham, NG7, 48, Balfour Road, Nottingham comes out as the 62nd largest and the 31st most expensive in our analysis of the public data.
It is also £70k more expensive than the average property across the NG7 district.
From 48, Balfour Road, Nottingham, the nearest station is Nottingham, 1.7 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Balfour Road, Nottingham, 86.1% of property is privately rented and 7.0% is privately owned outright.
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 48, Balfour Road, Nottingham, 88.0% of residents are recorded as possessing school level qualifications and 12.9% 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 48, Balfour Road, Nottingham, the average age was 29.6 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 48, Balfour 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 48, Balfour Road, Nottingham, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
