7, Wheeler Gate
7, Wheeler Gate
Description & Estimates
According to the public record, 7, Wheeler Gate, Nottingham is a period freehold house with 604 ft2 of internal area and sits on a 178 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Wheeler Gate, Nottingham is £142,306 and the estimated rental value is £783 per month.
Wheeler Gate, Underwood, Nottingham, NG16 is located in the borough of Ashfield within the NG16 postal district.
Our Data Sources
7, Wheeler Gate, Nottingham has 21 entries in the Land Registry , most recently in September 2013 and a single entry in the EPC database dated November 2010.
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
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, Wheeler Gate, Nottingham is in very good condition we estimate a sale value of £149,421 and a rental value of £822 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,344 and a rental value of £728 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7, Wheeler Gate, Nottingham has moved down by £4,136 (2.9%), while its estimated rental value has increased by £14 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 6.6%.
Plot Size
According to data from HM Land Registry, 7, Wheeler Gate, Nottingham sits on a plot of 178 m2.
We have plot size data on 7 out of 8 other houses in the postcode and 7, Wheeler Gate, Nottingham sits on the 4th largest plot.
Energy Efficiency
7, Wheeler Gate, Nottingham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 19 Nov 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 7, Wheeler Gate, Nottingham was last sold on 20th September 2013 for £85,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2013, the market for similar properties has risen by 51.9%.
- Sold Sep 2013£85,000
- Sold Sep 2001£38,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Wheeler Gate, Nottingham within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 51, Palmerston Street, Nottingham, NG16 5GJ, a freehold house which sold for £135,000 on the 21st June 2024.
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
Wheeler Gate, Underwood, Nottingham, NG16 has a total of 8 addresses. According to our analysis of all the public data, 7, Wheeler Gate, Nottingham is the 5th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in NG16.
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Schools Nearby
- 200mUnderwood Church of England Primary School
- 1.1kmBagthorpe Primary School
- 1.4kmBrinsley Primary and Nursery School
- 2.5kmSelston High School
- 3.5kmHall Park Academy
- 4.0kmAldercar High School
More reading links
Public Transport Nearby
The closest station to 7, Wheeler Gate, Nottingham is Langley Mill station, which is 4.2 kilometres away.
- 4.2kmLangley Mill
- 5.6kmNewstead
- 6.3kmKirkby-in-Ashfield
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
