Flat 1, The Residency
Flat 1, The Residency
Description & Estimates
Flat 1, The Residency, Nottingham is recorded publicly as a mid-century leasehold apartment across 990 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 1, The Residency, Nottingham is £197,825 and its rental estimate is £940 per month, given the available information and assuming reasonable condition.
The Residency, Lucknow Road is a residential building on Lucknow Road, Nottingham, NG3 and falls within the NG3 postal district.
Our Data Sources
Flat 1, The Residency, Nottingham has a single entry in the Land Registry from March 2013 and a single entry in the EPC database dated August 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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, The Residency, Nottingham, we estimate a market value of £207,716 and a rental value of £987 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £183,977 and £875 per month respectively.
Recent Market Change
Over the last year, Flat 1, The Residency, Nottingham has seen its estimated sale value move down by £3,015 (1.5%) and its estimated rental value increase by £11 per month (1.1%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
Flat 1, The Residency, Nottingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Aug 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Flat 1, The Residency, Nottingham completed on 15th March 2013 at £120,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 5.5% over the period since March 2013.
- Sold Mar 2013£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, The Residency, Nottingham have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st June 2021, was Flat 4, The Residency, Lucknow Road, Nottingham, NG3 5AY, a leasehold flat which sold for £172,000.
Read more about house prices in NG3.
- Sold Jun 2021£172,000 | 3 Bed FlatThe Residency, Lucknow RoadFlat 4, The Residency, Lucknow Road, Nottingham, NG3 5AY
- Sold Mar 2019£190,000 | 2 Bed FlatThe Residency, Lucknow RoadFlat 8, The Residency, Lucknow Road, Nottingham, NG3 5AY
- Sold Jun 2018£130,000 | 2 Bed FlatThe Residency, Lucknow RoadFlat 5, The Residency, Lucknow Road, Nottingham, NG3 5AY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 47 addresses on Lucknow Road, Nottingham, NG3, Flat 1, The Residency, Nottingham comes out as the 12th largest and the 10th most expensive in our analysis of the public data.
It is also £22k less expensive than the average property across the NG3 district.
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Schools Nearby
- 200mSt Augustine's Catholic Primary and Nursery School, A Voluntary Academy
- 800mSycamore Academy
- 800mSt Ann's Well Academy
- 700mBluecoat Trent Academy
- 1.2kmThe Wells Academy
- 1.4kmDjanogly City Academy
More reading links
Public Transport Nearby
From Flat 1, The Residency, Nottingham, the nearest station is Nottingham, 2.6 kilometres away.
- 2.6kmNottingham
- 4.3kmCarlton
- 4.4kmNetherfield
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
