51, Vernon Park Drive
51, Vernon Park Drive
Description & Estimates
Public records show 51, Vernon Park Drive, Nottingham to be a modern leasehold apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
51, Vernon Park Drive, Nottingham has an estimated sale value of £108,542 and an estimated rental value of £582 per month, assuming reasonable condition and based on the information available.
Vernon Park Drive, Nottingham, NG6 lies within the NG6 postal district.
Our Data Sources
51, Vernon Park Drive, Nottingham has 31 entries in the Land Registry , most recently in May 2008 and a single entry in the EPC database dated May 2021.
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.
Price Range & Condition
In very good condition, we estimate 51, Vernon Park Drive, Nottingham would be worth £113,969, with a potential rental value of £611 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £100,944, with a rental value of £542 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 51, Vernon Park Drive, Nottingham has declined by £2,398 (2.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £13 (2.3%). The property's estimated gross yield is currently 6.4%.
Energy Efficiency
51, Vernon Park Drive, Nottingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 May 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
51, Vernon Park Drive, Nottingham last changed hands on 23rd May 2008, selling for £76,600. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 56.9% since May 2008.
- Sold May 2008£76,600
- Sold Sep 2003£69,000
- Sold May 2001£39,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of 51, Vernon Park Drive, Nottingham across the last 2 years.
Most recently, Flat 3, The Wedge, Vernon Road, Nottingham, NG6 0AU, a leasehold flat, sold at £84,000 on the 19th June 2024.
Read more about house prices in NG6.
- Sold Jun 2024£84,000 | 2 Bed FlatThe Wedge, Vernon RoadFlat 3, The Wedge, Vernon Road, Nottingham, NG6 0AU
- Sold Jun 2023£106,000 | 2 Bed FlatThe Wedge, Vernon RoadFlat 1, The Wedge, Vernon Road, Nottingham, NG6 0AU
- Sold Nov 2022£125,000 | 2 Bed FlatThe Wedge, Vernon RoadFlat 16, The Wedge, Vernon Road, Nottingham, NG6 0AU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 51, Vernon Park Drive, Nottingham as the 35th largest and the 48th most expensive of the 56 addresses on Vernon Park Drive, Nottingham, NG6.
Against the NG6 postcode district average, it is £60k less expensive than the typical property.
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Schools Nearby
- 400mHeathfield Primary and Nursery School
- 500mOld Basford School
- 600mSouthwark Primary School
- 800mEllis Guilford School
- 1.4kmNottingham Free School
- 1.9kmBluecoat Aspley Academy
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Public Transport Nearby
Bulwell station is the nearest stop to 51, Vernon Park Drive, Nottingham at 2.1 kilometres away.
- 2.1kmBulwell
- 4.6kmNottingham
- 6.2kmHucknall
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a medium risk of flooding.
