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According to the public record, Flat 1, 14, Hope Drive, Nottingham is a period leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 14, Hope Drive, Nottingham is £144,909 and the estimated rental value is £789 per month.
The apartment is within 14, Hope Drive, Nottingham, NG7.
Hope Drive, Nottingham, NG7 is located within the NG7 postal district.
Flat 1, 14, Hope Drive, Nottingham has a single entry in the Land Registry from January 2007 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 Flat 1, 14, Hope Drive, Nottingham is in very good condition we estimate a sale value of £152,154 and a rental value of £829 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,765 and a rental value of £734 per month.
Over the last 12 months the sale value of Flat 1 14 Hope Drive Nottingham has decreased by an estimated £1,301 (0.9%) and its rental value has increased by an estimated £8 per month (1.0%), giving an expected gross yield of 6.5%.
Flat 1, 14, Hope Drive, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 1, 14, Hope Drive, Nottingham was last sold on 22nd January 2007 for £125,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2007, the market for similar properties has dropped 29.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 14, Hope Drive, Nottingham within a radius of 470 metres over the last 2 years.
The most recent example is Flat 3, 18, Hope Drive, Nottingham, NG7 1DL, a leasehold flat which sold for £160,000 on the 11th August 2023.
Read more about house prices in NG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hope Drive, Nottingham, NG7 has a total of 70 addresses. According to our analysis of all the public data, Flat 1, 14, Hope Drive, Nottingham is the 52nd largest and the 57th most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in NG7.
The closest station to Flat 1, 14, Hope Drive, Nottingham is Nottingham station which is 700 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 14, Hope Drive, Nottingham, % of property is and % is .
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 1, 14, Hope Drive, Nottingham, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 1, 14, Hope Drive, Nottingham, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 1, 14, Hope Drive, Nottingham, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
