Flat 1, 240-242
Flat 1, 240-242
Description & Estimates
The public record describes Flat 1, 240-242, Ilkeston Road, Nottingham as a period apartment with 507 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
Flat 1, 240-242, Ilkeston Road, Nottingham has an estimated sale value of £129,130 and an estimated rental value of £807 per month, assuming reasonable condition and based on the information available.
The apartment sits within 240-242, Ilkeston Road, Nottingham, NG7.
Ilkeston Road, Nottingham, NG7 lies within the NG7 postal district.
Our Data Sources
Flat 1, 240-242, Ilkeston Road, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated October 2008.
We combine this information with public data 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 Flat 1, 240-242, Ilkeston Road, Nottingham would be worth £135,587, with a potential rental value of £847 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £120,091, with a rental value of £750 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 Flat 1, 240-242, Ilkeston Road, Nottingham has decreased by £1,159 (0.9%) over the last year. During the same period, its estimated monthly rental value has grown by £8 (1.0%). The property's estimated gross yield is currently 7.5%.
Energy Efficiency
Flat 1, 240-242, Ilkeston Road, Nottingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Oct 2008.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 350 metres of Flat 1, 240-242, Ilkeston Road, Nottingham across the last 2 years.
Most recently, Apartment 8, 12, Ashburnham Avenue, Nottingham, NG7 1QD, a leasehold flat, sold at £145,000 on the 11th June 2024.
Read more about house prices in NG7.
- Sold Jun 2024£145,000 | 2 Bed Flat12, Ashburnham AvenueApartment 8, 12, Ashburnham Avenue, Nottingham, NG7 1QD
- Sold Aug 2021£109,600 | 2 Bed Flat12, Ashburnham AvenueApartment 2, 12, Ashburnham Avenue, Nottingham, NG7 1QD
- Sold Jan 2021£111,600 | 2 Bed Flat12, Ashburnham AvenueApartment 5, 12, Ashburnham Avenue, Nottingham, NG7 1QD
•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 Flat 1, 240-242, Ilkeston Road, Nottingham as the 279th largest and the 276th most expensive of the 732 addresses on Ilkeston Road, Nottingham, NG7.
Against the NG7 postcode district average, it is £69k less expensive than the typical property.
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Schools Nearby
- 200mRadford Primary School Academy
- 400mMellers Primary School
- 800mBluecoat Bentinck Primary Academy
- 1.5kmDjanogly City Academy
- 1.6kmBluecoat Wollaton Academy
- 1.7kmNottingham University Academy of Science and Technology
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Public Transport Nearby
Nottingham station is the nearest stop to Flat 1, 240-242, Ilkeston Road, Nottingham at 2.2 kilometres away.
- 2.2kmNottingham
- 4.4kmBeeston
- 5.1kmBulwell
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
