Apartment 8, 2
Apartment 8, 2
Description & Estimates
Public records show Apartment 8, 2, South Parade, Nottingham to be a period leasehold apartment with 495 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Apartment 8, 2, South Parade, Nottingham has an estimated sale value of £161,341 and an estimated rental value of £1,065 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, South Parade, Nottingham, NG1.
South Parade, Nottingham, NG1 lies within the NG1 postal district.
Our Data Sources
Apartment 8, 2, South Parade, Nottingham has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated July 2024.
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
In very good condition, we estimate Apartment 8, 2, South Parade, Nottingham would be worth £169,408, with a potential rental value of £1,118 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £150,047, with a rental value of £990 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Apartment 8, 2, South Parade, Nottingham has moved down by £3,327 (2.1%) over the last year. During the same period, its estimated monthly rental value has decreased by £3 (0.2%). The property's estimated gross yield is currently 7.9%.
Energy Efficiency
Apartment 8, 2, South Parade, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jul 2024.
The property is not connected to mains gas and has full secondary glazing. It is heated using Room heaters, electric.
Sold Prices
Apartment 8, 2, South Parade, Nottingham last changed hands on 26th July 2019, selling for £157,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 93.5% since July 2019.
- Sold Jul 2019£157,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 280 metres of Apartment 8, 2, South Parade, Nottingham across the last 2 years.
Most recently, Apartment 22, Hounds Gate Court 14, Hounds Gate, Nottingham, NG1 7AB, a leasehold flat, sold at £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 Mar 2020£175,000 | 1 Bed Flat2, South ParadeApartment 1, 2, South Parade, Nottingham, NG1 2JS
- Sold Feb 2019£146,000 | 1 Bed Flat2, South ParadeApartment 9, 2, South Parade, Nottingham, NG1 2JS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Apartment 8, 2, South Parade, Nottingham as the 37th largest and the 21st most expensive of the 43 addresses on South Parade, Nottingham, NG1.
Against the NG1 postcode district average, it is £13k more expensive than the typical property.
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
Nottingham station is the nearest stop to Apartment 8, 2, South Parade, Nottingham at 700 metres away.
- 700mNottingham
- 4.8kmNetherfield
- 4.9kmCarlton
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
