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According to the public record, 8, Spring Crescent, Nottingham is a modern freehold house with 947 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Spring Crescent, Nottingham is £277,592 and the estimated rental value is £1,116 per month.
Spring Crescent, Nottingham, NG5 is located within the NG5 postal district.
8, Spring Crescent, Nottingham has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated December 2023.
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, Spring Crescent, Nottingham is in very good condition we estimate a sale value of £291,472 and a rental value of £1,172 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,161 and a rental value of £1,038 per month.
Over the last 12 months the sale value of 8 Spring Crescent Nottingham has decreased by an estimated £7,519 (2.7%) and its rental value has increased by an estimated £15 per month (1.4%), giving an expected gross yield of 4.8%.
8, Spring Crescent, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Dec 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Spring Crescent, Nottingham was last sold on 21st December 2023 for £269,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2023, the market for similar properties has risen 16.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Spring Crescent, Nottingham within a radius of 520 metres over the last 2 years.
The most recent example is 4, Spring Crescent, Nottingham, NG5 5WS, a freehold house which sold for £289,995 on the 5th July 2024.
Read more about house prices in NG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Crescent, Nottingham, NG5 has a total of 56 addresses. According to our analysis of all the public data, 8, Spring Crescent, Nottingham is the largest and the most expensive property on the street.
When compared to the postcode district it is £59k more expensive than the average property in NG5.
The closest station to 8, Spring Crescent, Nottingham is Bulwell station which is 2.1 kilometres away.
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, Spring Crescent, Nottingham, 41.0% of property is socially rented and 25.3% is privately owned outright.
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, Spring Crescent, Nottingham, 30.7% of residents are recorded as possessing school level qualifications and 22.2% 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, Spring Crescent, Nottingham, the average age was 34.9 and the most common age was 32.
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, Spring Crescent, Nottingham, 0.9% 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, Spring Crescent, Nottingham, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.