8, Marconi Drive
8, Marconi Drive
Description & Estimates
8, Marconi Drive, Nottingham is recorded publicly as a modern freehold house across 807 ft2 of internal area, sitting on a 141 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Marconi Drive, Nottingham is £292,786 and its rental estimate is £1,159 per month, given the available information and assuming reasonable condition.
Marconi Drive, Beeston, Nottingham, NG9 falls within the NG9 postal district, in the borough of Broxtowe.
Our Data Sources
8, Marconi Drive, Nottingham has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Marconi Drive, Nottingham, we estimate a market value of £307,425 and a rental value of £1,216 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £272,291 and £1,077 per month respectively.
Recent Market Change
Over the last year, 8, Marconi Drive, Nottingham has seen its estimated sale value fall by £5,618 (1.9%) and its estimated rental value move up by £19 per month (1.6%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 8, Marconi Drive, Nottingham as measuring 141 m2.
That makes it the 32nd largest plot in the postcode, where 38 of the 46 other houses have recorded plot data.
Energy Efficiency
8, Marconi Drive, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Nov 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Marconi Drive, Nottingham completed on 27th January 2022 at £289,995 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 7.1% over the period since January 2022.
- Sold Jan 2022£289,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Marconi Drive, Nottingham have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th July 2023, was 5, Multimode Close, Nottingham, NG9 1NY, a freehold house which sold for £345,000.
Read more about house prices in NG9.
- Sold Jul 2023£345,000 | 3 Bed House5, Multimode Close, Nottingham, NG9 1NY5, Multimode Close, Nottingham, NG9 1NY
- Sold Jan 2022£297,995 | 3 Bed House10, Marconi Drive, Nottingham, NG9 1NX10, Marconi Drive, Nottingham, NG9 1NX
- Sold Dec 2021£285,995 | 3 Bed House6, Marconi Drive, Nottingham, NG9 1NX6, Marconi Drive, Nottingham, NG9 1NX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 46 addresses on Marconi Drive, Beeston, Nottingham, NG9, 8, Marconi Drive, Nottingham comes out as the 34th largest and the 34th most expensive in our analysis of the public data.
It is also £12k more expensive than the average property across the NG9 district.
More reading links
Schools Nearby
- 200mBeeston Rylands Junior School
- 300mTrent Vale Infant School
- 1.0kmJohn Clifford Primary School
- 1.7kmChilwell School
- 2.5kmAlderman White School
- 2.9kmFarnborough Spencer Academy
More reading links
Public Transport Nearby
From 8, Marconi Drive, Nottingham, the nearest station is Beeston, 400 metres away.
- 400mBeeston
- 2.0kmAttenborough
- 5.3kmNottingham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
