8, Homestead
8, Homestead
Description & Estimates
According to the public record, 8, Homestead, Nottingham is a mid-century house with 538 ft2 of internal area.
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 8, Homestead, Nottingham is £115,114 and the estimated rental value is £645 per month.
Homestead, Langley Mill, Nottingham, NG16 is located in the borough of Amber Valley within the NG16 postal district.
Our Data Sources
8, Homestead, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated July 2023.
We combine this information with public data 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
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 8, Homestead, Nottingham is in very good condition we estimate a sale value of £120,870 and a rental value of £677 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £107,056 and a rental value of £599 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Homestead, Nottingham has decreased by £3,346 (2.9%), while its estimated rental value has grown by £12 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Energy Efficiency
8, Homestead, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Homestead, Nottingham within a radius of 730 metres over the last 2 years.
The most recent example is 44, North Street, Nottingham, NG16 4BS, a freehold house which sold for £145,250 on the 30th September 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
Homestead, Langley Mill, Nottingham, NG16 has a total of 11 addresses. According to our analysis of all the public data, 8, Homestead, Nottingham is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in NG16.
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Schools Nearby
- 200mAldercar Infant School
- 400mLangley Mill Academy
- 600mLangley Mill Church of England Infant School and Nursery
- 200mAldercar High School
- 1.8kmHall Park Academy
- 2.7kmHeanor Gate Spencer Academy
More reading links
Public Transport Nearby
The closest station to 8, Homestead, Nottingham is Langley Mill station, which is 900 metres away.
- 900mLangley Mill
- 5.9kmIlkeston
- 8.6kmAlfreton
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
