7, Redhill Road
7, Redhill Road
Description & Estimates
7, Redhill Road, Nottingham is recorded publicly as a mid-century leasehold apartment across 742 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 7, Redhill Road, Nottingham is £147,371 and its rental estimate is £792 per month, given the available information and assuming reasonable condition.
Redhill Road, Arnold, Nottingham, NG5 falls within the NG5 postal district, in the borough of Gedling.
Our Data Sources
7, Redhill Road, Nottingham has a single entry in the Land Registry from February 2023 and a single entry in the EPC database dated August 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 7, Redhill Road, Nottingham, we estimate a market value of £154,739 and a rental value of £832 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £137,055 and £737 per month respectively.
Recent Market Change
Over the last year, 7, Redhill Road, Nottingham has seen its estimated sale value drop by £3,552 (2.4%) and its estimated rental value rise by £11 per month (1.4%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
7, Redhill Road, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Aug 2015.
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 7, Redhill Road, Nottingham completed on 17th February 2023 at £145,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 2.8% over the period since February 2023.
- Sold Feb 2023£145,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Redhill Road, Nottingham have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th August 2023, was 14, Cross Street, Nottingham, NG5 7BL, a leasehold flat which sold for £140,000.
Read more about house prices in NG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 127 addresses on Redhill Road, Arnold, Nottingham, NG5, 7, Redhill Road, Nottingham comes out as the 106th largest and the 114th most expensive in our analysis of the public data.
It is also £73k less expensive than the average property across the NG5 district.
More reading links
Schools Nearby
- 300mArnold Mill Primary and Nursery School
- 600mRobert Mellors Primary Academy
- 600mRichard Bonington Primary and Nursery School
- 200mRedhill Academy
- 1.3kmArnold Hill Spencer Academy
- 1.4kmChrist The King Voluntary Academy
More reading links
Public Transport Nearby
From 7, Redhill Road, Nottingham, the nearest station is Bulwell, 4.6 kilometres away.
- 4.6kmBulwell
- 5.7kmHucknall
- 5.8kmCarlton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
