Flat 16, Park Edge
Flat 16, Park Edge
Description & Estimates
According to the public record, Flat 16, Park Edge, Nottingham is a modern leasehold apartment with 882 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 16, Park Edge, Nottingham is £272,261 and the estimated rental value is £1,167 per month.
The apartment is within Park Edge, Barrack Lane, Nottingham, NG7.
Barrack Lane, Nottingham, NG7 is located within the NG7 postal district.
Our Data Sources
Flat 16, Park Edge, Nottingham has 2 entries in the Land Registry , most recently in April 2023 and a single entry in the EPC database dated April 2019.
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
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 16, Park Edge, Nottingham is in very good condition we estimate a sale value of £285,874 and a rental value of £1,225 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,203 and a rental value of £1,085 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 16, Park Edge, Nottingham has declined by £767 (0.3%), while its estimated rental value has climbed by £21 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Energy Efficiency
Flat 16, Park Edge, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Apr 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
According to HM Land Registry, Flat 16, Park Edge, Nottingham was last sold on 6th April 2023 for £325,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2023, the market for similar properties has dropped by 39.0%.
- Sold Apr 2023£325,000
- Sold Sep 2019£290,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 16, Park Edge, Nottingham within a radius of 370 metres over the last 2 years.
The most recent example is Flat 14, Park Edge, Barrack Lane, Nottingham, NG7 1EZ, a leasehold flat which sold for £249,950 on the 27th March 2025.
Read more about house prices in NG7.
- Sold Mar 2025£249,950 | 2 Bed FlatPark Edge, Barrack LaneFlat 14, Park Edge, Barrack Lane, Nottingham, NG7 1EZ
- Sold Sep 2020£210,000 | 2 Bed FlatPark Edge, Barrack LaneFlat 1, Park Edge, Barrack Lane, Nottingham, NG7 1EZ
- Sold Aug 2020£217,500 | 2 Bed FlatPark Edge, Barrack LaneFlat 13, Park Edge, Barrack Lane, Nottingham, NG7 1EZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Barrack Lane, Nottingham, NG7 has a total of 61 addresses. According to our analysis of all the public data, Flat 16, Park Edge, Nottingham is the 31st largest and the 30th most expensive property on the street.
When compared to the postcode district it is £74k more expensive than the average property in NG7.
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Schools Nearby
- 700mEdna G. Olds Academy
- 700mMellers Primary School
- 800mRadford Primary School Academy
- 1.4kmDjanogly City Academy
- 1.7kmNottingham University Academy of Science and Technology
- 1.9kmBluecoat Trent Academy
More reading links
Public Transport Nearby
The closest station to Flat 16, Park Edge, Nottingham is Nottingham station, which is 1.6 kilometres away.
- 1.6kmNottingham
- 4.6kmBeeston
- 5.4kmBulwell
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
