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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, 557, Aspley Lane, Nottingham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,124 ft2 of internal area and sits on a 355 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 557, Aspley Lane, Nottingham is £195,753 and the estimated rental value is £1,107 per month.
Aspley Lane, Nottingham, NG8 is located within the NG8 postal district.
557, Aspley Lane, Nottingham has a single entry in the Land Registry from March 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 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 557, Aspley Lane, Nottingham is in very good condition we estimate a sale value of £205,540 and a rental value of £1,162 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,050 and a rental value of £1,029 per month.
Over the last 12 months the sale value of 557 Aspley Lane Nottingham has decreased by an estimated £5,470 (2.8%) and its rental value has increased by an estimated £9 per month (0.8%), giving an expected gross yield of 6.8%.
According to data from HM Land Registry, 557, Aspley Lane, Nottingham sits on a plot of 355m2.
We have plot size data on 16 out of 17 other houses in the postcode and 557, Aspley Lane, Nottingham sits on the 2nd largest plot.
According to HM Land Registry, 557, Aspley Lane, Nottingham was last sold on 23rd March 2023 for £260,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2023, the market for similar properties has dropped 26.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 557, Aspley Lane, Nottingham within a radius of 560 metres over the last 2 years.
The most recent example is 416, Aspley Lane, Nottingham, NG8 5RS, a freehold house which sold for £230,000 on the 18th December 2023.
Read more about house prices in NG8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Aspley Lane, Nottingham, NG8 has a total of 289 addresses. According to our analysis of all the public data, 557, Aspley Lane, Nottingham is the 47th largest and the 88th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in NG8.
The closest station to 557, Aspley Lane, Nottingham is Bulwell station which is 3.1 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 557, Aspley Lane, Nottingham, 35.4% of property is privately owned outright and 32.3% 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 557, Aspley Lane, Nottingham, 23.8% of residents are recorded as possessing school level qualifications and 32.6% 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 557, Aspley Lane, Nottingham, the average age was 41.2 and the most common age was 52.
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 557, Aspley Lane, Nottingham, 1.4% 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 557, Aspley Lane, Nottingham, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
