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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 81, Colwick Road, Nottingham is £117,572 and the estimated rental value is £530 per month.
The apartment is within 81, Colwick Road, Nottingham, NG2.
Colwick Road, Nottingham, NG2 is located within the NG2 postal district.
Flat 1, 81, Colwick Road, Nottingham has 31 entries in the Land Registry , most recently in September 2008 and a single entry in the EPC database dated March 2020.
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.
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, 81, Colwick Road, Nottingham is in very good condition we estimate a sale value of £123,451 and a rental value of £556 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,342 and a rental value of £493 per month.
Over the last 12 months the sale value of Flat 1 81 Colwick Road Nottingham has decreased by an estimated £1,873 (1.6%) and its rental value has increased by an estimated £7 per month (1.3%), giving an expected gross yield of 5.4%.
Flat 1, 81, Colwick Road, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 1, 81, Colwick Road, Nottingham was last sold on 26th September 2008 for £71,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2008, the market for similar properties has risen 106.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 340 metres radius of Flat 1, 81, Colwick Road, Nottingham over the last 2 years.
The most recent example is 61, Lord Nelson Street, Nottingham, NG2 4AJ, a freehold house which sold for £145,000 on the 1st March 2022.
Read more about house prices in NG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colwick Road, Nottingham, NG2 has a total of 172 addresses. According to our analysis of all the public data, Flat 1, 81, Colwick Road, Nottingham is the 152nd largest and the 139th most expensive property on the street.
When compared to the postcode district it is £197k less expensive than the average property in NG2.
The closest station to Flat 1, 81, Colwick Road, Nottingham is Nottingham station which is 1.4 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 81, Colwick Road, Nottingham, 62.7% of property is privately rented and 15.8% 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, 81, Colwick Road, Nottingham, 25.0% of residents are recorded as possessing school level qualifications and 23.3% 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, 81, Colwick Road, Nottingham, the average age was 33.6 and the most common age was 27.
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, 81, Colwick Road, Nottingham, 0.3% 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, 81, Colwick Road, Nottingham, there are an average of 0.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.