Flat 1, 50
Flat 1, 50
Description & Estimates
According to the public record, Flat 1, 50, Park Lane, Nottingham is a modern apartment with 333 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 50, Park Lane, Nottingham is £48,764 and the estimated rental value is £312 per month.
The apartment is within 50, Park Lane, Nottingham, NG6.
Park Lane, Nottingham, NG6 is located within the NG6 postal district.
Our Data Sources
Flat 1, 50, Park Lane, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated March 2021.
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
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, 50, Park Lane, Nottingham is in very good condition we estimate a sale value of £51,202 and a rental value of £328 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £45,350 and a rental value of £290 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, 50, Park Lane, Nottingham has declined by £1,011 (2.1%), while its estimated rental value has climbed by £6 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 7.7%.
Energy Efficiency
Flat 1, 50, Park Lane, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Mar 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within 500 metres of Flat 1, 50, Park Lane, Nottingham over the last 2 years.
The most recent example is 40, Park Lane, Nottingham, NG6 0DT, a freehold house which sold for £100,000 on the 10th December 2021.
Read more about house prices in NG6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Park Lane, Nottingham, NG6 has a total of 93 addresses. According to our analysis of all the public data, Flat 1, 50, Park Lane, Nottingham is the 90th largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in NG6.
More reading links
Schools Nearby
- 0mSouthwark Primary School
- 800mOur Lady of Perpetual Succour Catholic Primary School
- 900mOld Basford School
- 1.2kmEllis Guilford School
- 1.7kmNottingham Free School
- 2.2kmPark Vale Academy
More reading links
Public Transport Nearby
The closest station to Flat 1, 50, Park Lane, Nottingham is Bulwell station, which is 1.6 kilometres away.
- 1.6kmBulwell
- 5.1kmNottingham
- 5.6kmHucknall
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
