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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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According to the public record, 48, Forest Lane, Nottingham is a early-century freehold house with 871 ft2 of internal area and sits on a 570 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, Forest Lane, Nottingham is £225,567 and the estimated rental value is £1,308 per month.
Forest Lane, Papplewick, Nottingham, NG15 is located in the borough of Gedling within the NG15 postal district.
48, Forest Lane, Nottingham has a single entry in the Land Registry from September 2013 and a single entry in the EPC database dated May 2013.
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 48, Forest Lane, Nottingham is in very good condition we estimate a sale value of £236,846 and a rental value of £1,373 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,778 and a rental value of £1,217 per month.
Over the last 12 months the sale value of 48 Forest Lane Nottingham has decreased by an estimated £4,367 (1.9%) and its rental value has increased by an estimated £26 per month (2.0%), giving an expected gross yield of 7%.
According to data from HM Land Registry, 48, Forest Lane, Nottingham sits on a plot of 570m2.
We have plot size data on 26 out of 31 other houses in the postcode and 48, Forest Lane, Nottingham sits on the 22nd largest plot.
48, Forest Lane, Nottingham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 24 May 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, coal.
According to HM Land Registry, 48, Forest Lane, Nottingham was last sold on 25th September 2013 for £175,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2013, the market for similar properties has risen 125.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Forest Lane, Nottingham within a radius of 1.7 kilometres over the last 2 years.
The most recent example is 217, Papplewick Lane, Nottingham, NG15 8EJ, a freehold house which sold for £255,000 on the 7th June 2024.
Read more about house prices in NG15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Lane, Papplewick, Nottingham, NG15 has a total of 49 addresses. According to our analysis of all the public data, 48, Forest Lane, Nottingham is the 37th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in NG15.
The closest station to 48, Forest Lane, Nottingham is Hucknall station which is 2.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Forest Lane, Nottingham, 51.4% of property is privately owned outright and 36.8% 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 48, Forest Lane, Nottingham, 14.9% of residents are recorded as possessing school level qualifications and 44.9% 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, Forest Lane, Nottingham, the average age was 46 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 48, Forest Lane, Nottingham, 1.8% 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, Forest Lane, 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.
