5 Faraday Court, Nottingham
5 Faraday Court, Nottingham
Description & Estimates
5 Faraday Court, Nottingham is described in the public record as a modern apartment with 409 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 5 Faraday Court, Nottingham is £102,445 and its rental estimate is £664 per month, given the available information and assuming reasonable condition.
Faraday Court, Rectory Road is a residential building on Rectory Road, Colwick, Nottingham, NG4 and falls within the NG4 postal district and the borough of Gedling.
Our Data Sources
5 Faraday Court, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated January 2023.
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.
Price Range & Condition
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 5 Faraday Court, Nottingham, we estimate a market value of £107,567 and a rental value of £698 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £95,274 and £618 per month respectively.
Recent Market Change
Over the last year, 5 Faraday Court, Nottingham has seen its estimated sale value decrease by £1,817 (1.8%) and its estimated rental value grow by £3 per month (0.5%). This results in an estimated gross rental yield of 7.8%.
Energy Efficiency
5 Faraday Court, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Jan 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 780 metres of 5 Faraday Court, Nottingham, per the Land Registry and our network of Estate Agents.
The latest, on the 6th March 2018, was 9, Mile End Road, Nottingham, NG4 2DW, a freehold house which sold for £98,500.
Read more about house prices in NG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 12 addresses on Rectory Road, Colwick, Nottingham, NG4, 5 Faraday Court, Nottingham comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £129k less expensive than the average property across the NG4 district.
More reading links
Schools Nearby
- 100mColwick St John the Baptist CofE Primary Academy
- 1.0kmParkdale Primary School
- 1.1kmThe Sacred Heart Primary Catholic Voluntary Academy
- 2.3kmCarlton Academy
- 2.8kmCarlton le Willows Academy
- 3.6kmThe Wells Academy
More reading links
Public Transport Nearby
From 5 Faraday Court, Nottingham, the nearest station is Netherfield, 1.1 kilometres away.
- 1.1kmNetherfield
- 1.4kmCarlton
- 3.8kmRadcliffe (Nottinghamshire)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
