8, Chelmsford Terrace
8, Chelmsford Terrace
Description & Estimates
8, Chelmsford Terrace, Nottingham is recorded publicly as a period freehold house across 570 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 8, Chelmsford Terrace, Nottingham is £124,530 and its rental estimate is £840 per month, given the available information and assuming reasonable condition.
Chelmsford Terrace, Nottingham, NG7 falls within the NG7 postal district.
Our Data Sources
8, Chelmsford Terrace, Nottingham has a single entry in the Land Registry from May 2019 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 8, Chelmsford Terrace, Nottingham, we estimate a market value of £130,757 and a rental value of £882 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £115,813 and £781 per month respectively.
Recent Market Change
Over the last year, 8, Chelmsford Terrace, Nottingham has seen its estimated sale value decline by £2,007 (1.6%) and its estimated rental value climb by £6 per month (0.7%). This results in an estimated gross rental yield of 8.1%.
Energy Efficiency
8, Chelmsford Terrace, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Nov 2020.
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 8, Chelmsford Terrace, Nottingham completed on 29th May 2019 at £91,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 72.7% over the period since May 2019.
- Sold May 2019£91,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Chelmsford Terrace, Nottingham have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th May 2024, was 24, Durnford Street, Nottingham, NG7 7EQ, a freehold house which sold for £140,000.
Read more about house prices in NG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 11 addresses on Chelmsford Terrace, Nottingham, NG7, 8, Chelmsford Terrace, Nottingham comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £74k less expensive than the average property across the NG7 district.
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Schools Nearby
- 300mDjanogly Northgate Academy
- 500mHeathfield Primary and Nursery School
- 800mSt Mary's Catholic Primary School
- 900mNottingham Free School
- 1.2kmEllis Guilford School
- 1.3kmDjanogly City Academy
More reading links
Public Transport Nearby
From 8, Chelmsford Terrace, Nottingham, the nearest station is Bulwell, 2.9 kilometres away.
- 2.9kmBulwell
- 3.8kmNottingham
- 6.4kmCarlton
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.
