59, Park Lane
59, Park Lane
Description & Estimates
59, Park Lane, Nottingham is recorded publicly as a period freehold house across 957 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 59, Park Lane, Nottingham is £174,962 and its rental estimate is £926 per month, given the available information and assuming reasonable condition.
Park Lane, Pinxton, Nottingham, NG16 falls within the NG16 postal district, in the borough of Bolsover.
Our Data Sources
59, Park Lane, Nottingham has 41 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 59, Park Lane, Nottingham, we estimate a market value of £183,710 and a rental value of £972 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £162,715 and £861 per month respectively.
Recent Market Change
Over the last year, 59, Park Lane, Nottingham has seen its estimated sale value decrease by £5,650 (3.2%) and its estimated rental value grow by £15 per month (1.6%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
59, Park Lane, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Nov 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 59, Park Lane, Nottingham completed on 23rd February 2024 at £129,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 45.4% over the period since February 2024.
- Sold Feb 2024£129,000
- Sold Feb 2006£64,950
- Sold Jun 2004£55,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 59, Park Lane, Nottingham have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th February 2025, was 63, Park Lane, Nottingham, NG16 6PR, a freehold house which sold for £140,000.
Read more about house prices in NG16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 110 addresses on Park Lane, Pinxton, Nottingham, NG16, 59, Park Lane, Nottingham comes out as the 46th largest and the 64th most expensive in our analysis of the public data.
It is also £43k less expensive than the average property across the NG16 district.
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Schools Nearby
- 300mLongwood Infant Academy
- 400mKirkstead Junior Academy
- 600mJohn King Infant Academy
- 1.3kmFrederick Gent School
- 2.2kmSelston High School
- 4.0kmDavid Nieper Academy
More reading links
Public Transport Nearby
From 59, Park Lane, Nottingham, the nearest station is Alfreton, 3.3 kilometres away.
- 3.3kmAlfreton
- 4.9kmKirkby-in-Ashfield
- 6.0kmSutton Parkway
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
