Apartment 1, 2
Apartment 1, 2
Description & Estimates
According to the public record, Apartment 1, 2, South Parade, Nottingham is a period leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 1, 2, South Parade, Nottingham is £152,169 and the estimated rental value is £1,024 per month.
The apartment is within 2, South Parade, Nottingham, NG1.
South Parade, Nottingham, NG1 is located within the NG1 postal district.
Our Data Sources
Apartment 1, 2, South Parade, Nottingham has a single entry in the Land Registry from March 2020 and a single entry in the EPC database dated October 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 Apartment 1, 2, South Parade, Nottingham is in very good condition we estimate a sale value of £159,777 and a rental value of £1,075 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,517 and a rental value of £952 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment 1, 2, South Parade, Nottingham has dropped by £3,517 (2.3%), while its estimated rental value has fallen by £5 per month (0.5%). Based on current estimates, the property offers a gross rental yield of 8.1%.
Energy Efficiency
Apartment 1, 2, South Parade, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Oct 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Apartment 1, 2, South Parade, Nottingham was last sold on 10th March 2020 for £175,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2020, the market for similar properties has dropped by 13.6%.
- Sold Mar 2020£175,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 1, 2, South Parade, Nottingham within a radius of 280 metres over the last 2 years.
The most recent example is Apartment 22, Hounds Gate Court 14, Hounds Gate, Nottingham, NG1 7AB, a leasehold flat which sold for £151,125 on the 24th September 2021.
Read more about house prices in NG1.
- Sold Sep 2021£151,125 | 1 Bed FlatHounds Gate Court 14, Hounds GateApartment 22, Hounds Gate Court 14, Hounds Gate, Nottingham, NG1 7AB
- Sold Jul 2019£150,000 | 1 Bed Flat2, South ParadeApartment 5, 2, South Parade, Nottingham, NG1 2JS
- Sold Nov 2018£200,000 | 1 Bed Flat2, South ParadeApartment 13, 2, South Parade, Nottingham, NG1 2JS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
South Parade, Nottingham, NG1 has a total of 43 addresses. According to our analysis of all the public data, Apartment 1, 2, South Parade, Nottingham is the 43rd largest and the 27th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in NG1.
More reading links
Schools Nearby
- 900mWelbeck Primary School
- 1.0kmHuntingdon Academy
- 1.2kmWilliam Booth Primary and Nursery School
- 1.8kmDjanogly City Academy
- 1.9kmBluecoat Trent Academy
- 2.2kmThe Nottingham Emmanuel School
More reading links
Public Transport Nearby
The closest station to Apartment 1, 2, South Parade, Nottingham is Nottingham station, which is 700 metres away.
- 700mNottingham
- 4.8kmNetherfield
- 4.9kmCarlton
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
