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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
According to the public record, 7, Lucerne Close, Nottingham is a mid-century leasehold house with 767 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Lucerne Close, Nottingham is £194,592 and the estimated rental value is £973 per month.
Lucerne Close, Nottingham, NG11 is located within the NG11 postal district.
7, Lucerne Close, Nottingham has 31 entries in the Land Registry , most recently in June 2018 and a single entry in the EPC database dated March 2016.
We combine this information with that 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.
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 7, Lucerne Close, Nottingham is in very good condition we estimate a sale value of £204,322 and a rental value of £1,021 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,971 and a rental value of £905 per month.
Over the last 12 months the sale value of 7 Lucerne Close Nottingham has decreased by an estimated £4,114 (2.1%) and its rental value has increased by an estimated £15 per month (1.6%), giving an expected gross yield of 6%.
7, Lucerne Close, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Lucerne Close, Nottingham was last sold on 1st June 2018 for £122,500 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since June 2018, the market for similar properties has dropped 21.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 7, Lucerne Close, Nottingham within a radius of 850 metres over the last 2 years.
The most recent example is 148, Wilford Lane, Nottingham, NG2 7RL, a freehold house which sold for £180,000 on the 3rd April 2020.
Read more about house prices in NG11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lucerne Close, Nottingham, NG11 has a total of 18 addresses. According to our analysis of all the public data, 7, Lucerne Close, Nottingham is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £65k less expensive than the average property in NG11.
The closest station to 7, Lucerne Close, Nottingham is Nottingham station which is 2.5 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 7, Lucerne Close, Nottingham, 43.6% of property is privately owned with a mortgage and 38.7% is privately owned outright.
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 7, Lucerne Close, Nottingham, 28.9% of residents are recorded as possessing school level qualifications and 44.0% 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 7, Lucerne Close, Nottingham, the average age was 42.5 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 7, Lucerne Close, Nottingham, 0.6% 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 7, Lucerne Close, Nottingham, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
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