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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 2, 11, Elm Bank, Nottingham is a period leasehold apartment with 1,614 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 11, Elm Bank, Nottingham is £355,144 and the estimated rental value is £1,450 per month.
The apartment is within 11, Elm Bank, Nottingham, NG3.
Elm Bank, Nottingham, NG3 is located within the NG3 postal district.
Flat 2, 11, Elm Bank, Nottingham has 31 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated May 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 2, 11, Elm Bank, Nottingham is in very good condition we estimate a sale value of £372,901 and a rental value of £1,522 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,284 and a rental value of £1,348 per month.
Over the last 12 months the sale value of Flat 2 11 Elm Bank Nottingham has decreased by an estimated £5,412 (1.5%) and its rental value has increased by an estimated £16 per month (1.1%), giving an expected gross yield of 4.9%.
Flat 2, 11, Elm Bank, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 May 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas, Room heaters, mains gas.
According to HM Land Registry, Flat 2, 11, Elm Bank, Nottingham was last sold on 26th November 2020 for £263,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2020, the market for similar properties has dropped 18.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 11, Elm Bank, Nottingham within a radius of 460 metres over the last 2 years.
The most recent example is Flat 5, The Chestnuts 25, Magdala Road, Nottingham, NG3 5DE, a leasehold flat which sold for £273,000 on the 10th May 2024.
Read more about house prices in NG3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Bank, Nottingham, NG3 has a total of 38 addresses. According to our analysis of all the public data, Flat 2, 11, Elm Bank, Nottingham is the 9th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £135k more expensive than the average property in NG3.
The closest station to Flat 2, 11, Elm Bank, Nottingham is Nottingham station which is 2.4 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 11, Elm Bank, Nottingham, 41.1% of property is privately rented and 25.0% is privately owned outright.
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 2, 11, Elm Bank, Nottingham, 39.5% of residents are recorded as possessing school level qualifications and 41.8% 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 2, 11, Elm Bank, Nottingham, the average age was 38 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 2, 11, Elm Bank, Nottingham, 0.2% 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 2, 11, Elm Bank, Nottingham, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
