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Flat 1, 44, Addison Street, Nottingham is described in the public record as a period apartment with 473 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of Flat 1, 44, Addison Street, Nottingham is £347,422 and its rental estimate is £2,311 per month, given the available information and assuming reasonable condition.
44, Addison Street is a residential building on Addison Street, Nottingham, NG1 and falls within the NG1 postal district.
Flat 1, 44, Addison Street, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated October 2017.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 1, 44, Addison Street, Nottingham, we estimate a market value of £364,793 and a rental value of £2,426 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £323,103 and £2,149 per month respectively.
Over the last year, Flat 1, 44, Addison Street, Nottingham has seen its estimated sale value decline by £8,030 (2.3%) and its estimated rental value drop by £11 per month (0.5%). This results in an estimated gross rental yield of 8.0%.
Flat 1, 44, Addison Street, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Oct 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 1 property similar to Flat 1, 44, Addison Street, Nottingham has sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th November 2023, was Flat 2, 64, Addison Street, Nottingham, NG1 4HA, a leasehold flat which sold for £900,000.
Read more about house prices in NG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 98 addresses on Addison Street, Nottingham, NG1, Flat 1, 44, Addison Street, Nottingham comes out as the 87th largest and the 29th most expensive in our analysis of the public data.
It is also £199k more expensive than the average property across the NG1 district.
From Flat 1, 44, Addison Street, Nottingham, the nearest station is Nottingham, 1.8 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 44, 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, 44, 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, 44, 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, 44, 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, 44, 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.