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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 2, 2, Barrack Lane, Nottingham is £228,757 and the estimated rental value is £1,039 per month.
The apartment is within 2, Barrack Lane, Nottingham, NG7.
Barrack Lane, Nottingham, NG7 is located within the NG7 postal district.
Flat 2, 2, Barrack Lane, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated June 2019.
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.
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, 2, Barrack Lane, Nottingham is in very good condition we estimate a sale value of £240,194 and a rental value of £1,091 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £212,744 and a rental value of £966 per month.
Over the last 12 months the sale value of Flat 2 2 Barrack Lane Nottingham has decreased by an estimated £4,304 (1.9%) and its rental value has increased by an estimated £11 per month (1.1%), giving an expected gross yield of 5.5%.
Flat 2, 2, Barrack Lane, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jun 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 2, Barrack Lane, Nottingham within a radius of 370 metres over the last 2 years.
The most recent example is 1A, Clinton Terrace, Nottingham, NG7 1LY, a leasehold flat which sold for £240,000 on the 22nd October 2024.
Read more about house prices in NG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Barrack Lane, Nottingham, NG7 has a total of 61 addresses. According to our analysis of all the public data, Flat 2, 2, Barrack Lane, Nottingham is the 58th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £32k more expensive than the average property in NG7.
The closest station to Flat 2, 2, Barrack Lane, Nottingham is Nottingham station which is 1.6 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 2, 2, Barrack Lane, Nottingham, 44.7% of property is privately rented and 27.9% 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, 2, Barrack Lane, Nottingham, 29.1% of residents are recorded as possessing school level qualifications and 59.1% 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, 2, Barrack Lane, Nottingham, the average age was 29.6 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, 2, Barrack Lane, Nottingham, 3.3% 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 2, 2, Barrack Lane, Nottingham, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.