1B, Elm Bank
1B, Elm Bank
Description & Estimates
The public record describes 1B, Elm Bank, Nottingham as a modern apartment with 505 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
1B, Elm Bank, Nottingham has an estimated sale value of £194,263 and an estimated rental value of £918 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Elm Bank, Nottingham, NG3.
Elm Bank, Nottingham, NG3 lies within the NG3 postal district.
Our Data Sources
1B, 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
In very good condition, we estimate 1B, Elm Bank, Nottingham would be worth £203,976, with a potential rental value of £963 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £180,665, with a rental value of £853 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 1B, Elm Bank, Nottingham has moved down by £2,999 (1.5%) over the last year. During the same period, its estimated monthly rental value has increased by £10 (1.1%). The property's estimated gross yield is currently 5.7%.
Energy Efficiency
1B, 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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of 1B, Elm Bank, Nottingham across the last 2 years.
Most recently, Flat 14, Marlborough Hall 30, Mapperley Road, Nottingham, NG3 5AN, a leasehold flat, sold at £150,000 on the 15th October 2021.
Read more about house prices in NG3.
- Sold Oct 2021£150,000 | 2 Bed FlatMarlborough Hall 30, Mapperley RoadFlat 14, Marlborough Hall 30, Mapperley Road, Nottingham, NG3 5AN
- Sold Apr 2018£153,000 | 2 Bed FlatMarlborough Hall 30, Mapperley RoadFlat 9, Marlborough Hall 30, Mapperley Road, Nottingham, NG3 5AN
- Sold Nov 2017£152,000 | 2 Bed FlatMarlborough Hall 30, Mapperley RoadFlat 11, 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
Our analysis of the public data ranks 1B, Elm Bank, Nottingham as the 34th largest and the 34th most expensive of the 38 addresses on Elm Bank, Nottingham, NG3.
Against the NG3 postcode district average, it is £26k less expensive than the typical property.
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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
Nottingham station is the nearest stop to 1B, Elm Bank, Nottingham at 2.4 kilometres away.
- 2.4kmNottingham
- 4.6kmBulwell
- 4.7kmCarlton
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
