8, Monsell Drive
8, Monsell Drive
Description & Estimates
8, Monsell Drive, Nottingham is recorded publicly as a mid-century freehold house across 2,238 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 8, Monsell Drive, Nottingham is £473,430 and its rental estimate is £1,636 per month, given the available information and assuming reasonable condition.
Monsell Drive, Redhill, Nottingham, NG5 falls within the NG5 postal district, in the borough of Gedling.
Our Data Sources
8, Monsell Drive, Nottingham has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated July 2020.
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, Monsell Drive, Nottingham, we estimate a market value of £497,102 and a rental value of £1,718 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £440,290 and £1,521 per month respectively.
Recent Market Change
Over the last year, 8, Monsell Drive, Nottingham has seen its estimated sale value move down by £11,650 (2.5%) and its estimated rental value increase by £13 per month (0.8%). This results in an estimated gross rental yield of 4.1%.
Energy Efficiency
8, Monsell Drive, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jul 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, Monsell Drive, Nottingham completed on 11th December 2020 at £450,000 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 4.3% over the period since December 2020.
- Sold Dec 2020£450,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Monsell Drive, Nottingham have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th November 2021, was 291, Mansfield Road, Nottingham, NG5 8JE, a freehold house which sold for £400,000.
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 24 addresses on Monsell Drive, Redhill, Nottingham, NG5, 8, Monsell Drive, Nottingham comes out as the largest and the most expensive in our analysis of the public data.
It is also £253k more expensive than the average property across the NG5 district.
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Schools Nearby
- 400mArnold Mill Primary and Nursery School
- 800mArnbrook Primary School
- 800mRichard Bonington Primary and Nursery School
- 300mRedhill Academy
- 1.7kmArnold Hill Spencer Academy
- 1.8kmThe Oakwood Academy
More reading links
Public Transport Nearby
From 8, Monsell Drive, Nottingham, the nearest station is Bulwell, 4.2 kilometres away.
- 4.2kmBulwell
- 5.2kmHucknall
- 6.1kmCarlton
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.
