Apartment 2, 4
Apartment 2, 4
Description & Estimates
Apartment 2, 4, Newcastle Drive, Nottingham is recorded publicly as a modern leasehold apartment across 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Apartment 2, 4, Newcastle Drive, Nottingham is £270,769 and its rental estimate is £1,046 per month, given the available information and assuming reasonable condition.
4, Newcastle Drive is a residential building on Newcastle Drive, Nottingham, NG7 and falls within the NG7 postal district.
Our Data Sources
Apartment 2, 4, Newcastle Drive, Nottingham has 2 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated November 2018.
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 Apartment 2, 4, Newcastle Drive, Nottingham, we estimate a market value of £284,308 and a rental value of £1,098 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £251,815 and £973 per month respectively.
Recent Market Change
Over the last year, Apartment 2, 4, Newcastle Drive, Nottingham has seen its estimated sale value move down by £3,771 (1.4%) and its estimated rental value increase by £11 per month (1.0%). This results in an estimated gross rental yield of 4.6%.
Energy Efficiency
Apartment 2, 4, Newcastle Drive, Nottingham has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 26 Nov 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Underfloor heating, pipes in screed above insulation, electric.
Sold Prices
The most recent sale of Apartment 2, 4, Newcastle Drive, Nottingham completed on 23rd March 2021 at £249,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 41.9% over the period since March 2021.
- Sold Mar 2021£249,000
- Sold Aug 2019£206,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 2, 4, Newcastle Drive, Nottingham have sold within a radius of 290 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th December 2024, was Apartment 4, Wellington House 190, Derby Road, Nottingham, NG7 1NF, a leasehold flat which sold for £250,000.
Read more about house prices in NG7.
- Sold Dec 2024£250,000 | 2 Bed FlatWellington House 190, Derby RoadApartment 4, Wellington House 190, Derby Road, Nottingham, NG7 1NF
- Sold Nov 2023£290,000 | 2 Bed Flat4, Newcastle DriveApartment 1, 4, Newcastle Drive, Nottingham, NG7 1AA
- Sold May 2019£140,000 | 2 Bed Flat35, Newcastle DriveFlat 4, 35, Newcastle Drive, Nottingham, NG7 1AA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 87 addresses on Newcastle Drive, Nottingham, NG7, Apartment 2, 4, Newcastle Drive, Nottingham comes out as the 75th largest and the 69th most expensive in our analysis of the public data.
It is also £73k more expensive than the average property across the NG7 district.
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Schools Nearby
- 900mMellers Primary School
- 900mBluecoat Bentinck Primary Academy
- 900mEdna G. Olds Academy
- 1.3kmDjanogly City Academy
- 1.7kmBluecoat Trent Academy
- 2.0kmNottingham University Academy of Science and Technology
More reading links
Public Transport Nearby
From Apartment 2, 4, Newcastle Drive, Nottingham, the nearest station is Nottingham, 1.4 kilometres away.
- 1.4kmNottingham
- 4.8kmBeeston
- 5.5kmBulwell
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.
