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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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489, Nottingham Road, Nottingham is described in the public record as a period apartment with 301 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of 489, Nottingham Road, Nottingham is £50,275 and its rental estimate is £323 per month, given the available information and assuming reasonable condition.
489, Nottingham Road is a residential building on Nottingham Road, Old Basford, Nottingham, NG6 and falls within the NG6 postal district.
489, Nottingham Road, Nottingham has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2021.
We combine this information with public data 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 489, Nottingham Road, Nottingham, we estimate a market value of £52,789 and a rental value of £339 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £46,756 and £300 per month respectively.
Over the last year, 489, Nottingham Road, Nottingham has seen its estimated sale value decline by £842 (1.7%) and its estimated rental value climb by £9 per month (2.7%). This results in an estimated gross rental yield of 7.7%.
489, Nottingham Road, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The most recent sale of 489, Nottingham Road, Nottingham completed on 22nd May 2003 at £35,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Over the past 2 years 1 property similar to 489, Nottingham Road, Nottingham has sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th July 2019, was 485, Nottingham Road, Nottingham, NG6 0FB, a leasehold flat which sold for £75,000.
Read more about house prices in NG6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 62 addresses on Nottingham Road, Old Basford, Nottingham, NG6, 489, Nottingham Road, Nottingham comes out as the 61st largest and the 61st most expensive in our analysis of the public data.
It is also £119k less expensive than the average property across the NG6 district.
From 489, Nottingham Road, Nottingham, the nearest station is Bulwell, 2.5 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 medium, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 489, Nottingham Road, Nottingham, 41.7% of property is privately rented and 25.2% 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 489, Nottingham Road, Nottingham, 20.4% of residents are recorded as possessing school level qualifications and 31.9% 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 489, Nottingham Road, Nottingham, the average age was 36.8 and the most common age was 32.
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 489, Nottingham 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 489, Nottingham Road, Nottingham, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
