1A, Elm Bank
1A, Elm Bank
Description & Estimates
1A, Elm Bank, Nottingham is described in the public record as a modern apartment with 839 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 1A, Elm Bank, Nottingham is £256,249 and its rental estimate is £1,094 per month, given the available information and assuming reasonable condition.
1, Elm Bank is a residential building on Elm Bank, Nottingham, NG3 and falls within the NG3 postal district.
Our Data Sources
1A, Elm Bank, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated October 2023.
We combine this information with public data 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.
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 1A, Elm Bank, Nottingham, we estimate a market value of £269,061 and a rental value of £1,148 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £238,311 and £1,017 per month respectively.
Recent Market Change
Over the last year, 1A, Elm Bank, Nottingham has seen its estimated sale value decline by £3,955 (1.5%) and its estimated rental value climb by £12 per month (1.1%). This results in an estimated gross rental yield of 5.1%.
Energy Efficiency
1A, Elm Bank, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Oct 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1A, Elm Bank, Nottingham have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st May 2021, was Apartment 2, The Garden Apartments 13, Redcliffe Road, Nottingham, NG3 5BW, a leasehold flat which sold for £255,000.
Read more about house prices in NG3.
- Sold May 2021£255,000 | 2 Bed FlatThe Garden Apartments 13, Redcliffe RoadApartment 2, The Garden Apartments 13, Redcliffe Road, Nottingham, NG3 5BW
- Sold May 2018£193,500 | 2 Bed FlatMarlborough Hall 30, Mapperley RoadFlat 12, Marlborough Hall 30, Mapperley Road, Nottingham, NG3 5AN
- Sold Mar 2018£171,000 | 2 Bed FlatMarlborough Hall 30, Mapperley RoadFlat 6, Marlborough Hall 30, Mapperley Road, Nottingham, NG3 5AN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 38 addresses on Elm Bank, Nottingham, NG3, 1A, Elm Bank, Nottingham comes out as the 20th largest and the 18th most expensive in our analysis of the public data.
It is also £36k more expensive than the average property across the NG3 district.
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Schools Nearby
- 300mSt Augustine's Catholic Primary and Nursery School, A Voluntary Academy
- 700mCarrington Primary and Nursery School
- 800mClaremont Primary and Nursery School
- 300mBluecoat Trent Academy
- 1.0kmDjanogly City Academy
- 1.4kmNottingham Free School
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Public Transport Nearby
From 1A, Elm Bank, Nottingham, the nearest station is Nottingham, 2.4 kilometres away.
- 2.4kmNottingham
- 4.6kmBulwell
- 4.7kmCarlton
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
