Flat 1, 4
Flat 1, 4
Description & Estimates
The public record describes Flat 1, 4, Lake Street, Nottingham as a modern apartment with 527 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 1, 4, Lake Street, Nottingham has an estimated sale value of £113,423 and an estimated rental value of £704 per month, assuming reasonable condition and based on the information available.
The apartment sits within 4, Lake Street, Nottingham, NG7.
Lake Street, Nottingham, NG7 lies within the NG7 postal district.
Our Data Sources
Flat 1, 4, Lake Street, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated July 2023.
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, 4, Lake Street, Nottingham would be worth £119,094, with a potential rental value of £739 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £105,483, with a rental value of £655 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, 4, Lake Street, Nottingham has moved down by £1,579 (1.4%) over the last year. During the same period, its estimated monthly rental value has increased by £7 (1.0%). The property's estimated gross yield is currently 7.4%.
Energy Efficiency
Flat 1, 4, Lake Street, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. 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 330 metres of Flat 1, 4, Lake Street, Nottingham across the last 2 years.
Most recently, Flat 16, Westbridge House 1, Holland Street, Nottingham, NG7 5DS, a leasehold flat, sold at £119,950 on the 14th April 2023.
Read more about house prices in NG7.
- Sold Apr 2023£119,950 | 2 Bed FlatWestbridge House 1, Holland StreetFlat 16, Westbridge House 1, Holland Street, Nottingham, NG7 5DS
- Sold Sep 2022£117,500 | 2 Bed FlatWestbridge House 1, Holland StreetFlat 23, Westbridge House 1, Holland Street, Nottingham, NG7 5DS
- Sold Aug 2022£119,000 | 2 Bed FlatWestbridge House 1, Holland StreetFlat 18, Westbridge House 1, Holland Street, Nottingham, NG7 5DS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 1, 4, Lake Street, Nottingham as the 16th largest and the 17th most expensive of the 21 addresses on Lake Street, Nottingham, NG7.
Against the NG7 postcode district average, it is £85k less expensive than the typical property.
More reading links
Schools Nearby
- 100mBluecoat Bentinck Primary Academy
- 400mMellers Primary School
- 700mBerridge Primary and Nursery School
- 600mDjanogly City Academy
- 1.3kmBluecoat Trent Academy
- 1.8kmBluecoat Aspley Academy
More reading links
Public Transport Nearby
Nottingham station is the nearest stop to Flat 1, 4, Lake Street, Nottingham at 2.2 kilometres away.
- 2.2kmNottingham
- 4.6kmBulwell
- 5.3kmBeeston
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.
