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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 8, Park Terrace, Nottingham is a period freehold house with 3,013 ft2 of internal area and sits on a 477 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Park Terrace, Nottingham is £970,605 and the estimated rental value is £4,827 per month.
Park Terrace, Nottingham, NG1 is located within the NG1 postal district.
8, Park Terrace, Nottingham has 21 entries in the Land Registry , most recently in November 2010 and a single entry in the EPC database dated September 2024.
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.
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, Park Terrace, Nottingham is in very good condition we estimate a sale value of £1,019,136 and a rental value of £5,069 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £902,663 and a rental value of £4,489 per month.
Over the last 12 months the sale value of 8 Park Terrace Nottingham has decreased by an estimated £17,251 (1.8%) and its rental value has increased by an estimated £75 per month (1.6%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 8, Park Terrace, Nottingham sits on a plot of 477m2.
We have plot size data on 22 out of 23 other houses in the postcode and 8, Park Terrace, Nottingham sits on the 12th largest plot.
8, Park Terrace, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Sep 2024.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Park Terrace, Nottingham was last sold on 12th November 2010 for £790,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2010, the market for similar properties has dropped 52.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Park Terrace, Nottingham within a radius of 400 metres over the last 2 years.
The most recent example is 5, Huntingdon Drive, Nottingham, NG7 1BW, a freehold house which sold for £1,130,000 on the 14th March 2024.
Read more about house prices in NG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Terrace, Nottingham, NG1 has a total of 50 addresses. According to our analysis of all the public data, 8, Park Terrace, Nottingham is the 3rd largest and the 9th most expensive property on the street.
When compared to the postcode district it is £823k more expensive than the average property in NG1.
The closest station to 8, Park Terrace, Nottingham is Nottingham station which is 1.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Park Terrace, Nottingham, 42.2% of property is privately owned outright and 29.6% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8, Park Terrace, Nottingham, 18.3% of residents are recorded as possessing school level qualifications and 71.8% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, Park Terrace, Nottingham, the average age was 29.6 and the most common age was 22.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8, Park Terrace, Nottingham, 3.1% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8, Park Terrace, Nottingham, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
