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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show Flat 1, 38, Addison Street, Nottingham to be a period Leasehold apartment with 365 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a garden.
Flat 1, 38, Addison Street, Nottingham has an estimated sale value of £296,627 and an estimated rental value of £2,049 per month, assuming reasonable condition and based on the information available.
The apartment sits within 38, Addison Street, Nottingham, NG1.
Addison Street, Nottingham, NG1 lies within the NG1 postal district.
Flat 1, 38, Addison Street, Nottingham has a single entry in the Land Registry from June 2010 and a single entry in the EPC database dated July 2019.
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.
In very good condition, we estimate Flat 1, 38, Addison Street, Nottingham would be worth £311,459, with a potential rental value of £2,151 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £275,863, with a rental value of £1,905 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 1, 38, Addison Street, Nottingham has moved down by £6,856 (2.3%) over the last year. During the same period, its estimated monthly rental value has decreased by £10 (0.5%). The property's estimated gross yield is currently 8.3%.
Flat 1, 38, Addison Street, Nottingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Jul 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Flat 1, 38, Addison Street, Nottingham last changed hands on 18th June 2010, selling for £275,000. 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 dropped by 45.8% since June 2010.
Land Registry records and our Estate Agent network show 3 sales within 380 metres of Flat 1, 38, Addison Street, Nottingham across the last 2 years.
Most recently, 42, Addison Street, Nottingham, NG1 4HA, a freehold house, sold at £220,000 on the 7th July 2023.
Read more about house prices in NG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 1, 38, Addison Street, Nottingham as the 94th largest and the 44th most expensive of the 98 addresses on Addison Street, Nottingham, NG1.
Against the NG1 postcode district average, it is £148k more expensive than the typical property.
Nottingham station is the nearest stop to Flat 1, 38, Addison Street, Nottingham at 1.8 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 38, Addison Street, Nottingham, 73.3% of property is privately rented and 10.8% is socially rented.
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, 38, Addison Street, Nottingham, 72.0% of residents are recorded as possessing school level qualifications and 23.1% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 1, 38, Addison Street, Nottingham, the average age was 25.4 and the most common age was 22.
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, 38, Addison Street, Nottingham, 0.5% 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, 38, Addison Street, Nottingham, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
