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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
According to the public record, Flat 2, 2, Wellington Circus, Nottingham is a period leasehold apartment with 1,270 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, 2, Wellington Circus, Nottingham is £285,377 and the estimated rental value is £1,564 per month.
The apartment is within 2, Wellington Circus, Nottingham, NG1.
Wellington Circus, Nottingham, NG1 is located within the NG1 postal district.
Flat 2, 2, Wellington Circus, Nottingham has a single entry in the Land Registry from April 2009 and a single entry in the EPC database dated May 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 2, 2, Wellington Circus, Nottingham is in very good condition we estimate a sale value of £299,646 and a rental value of £1,643 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,401 and a rental value of £1,455 per month.
Over the last 12 months the sale value of Flat 2 2 Wellington Circus Nottingham has decreased by an estimated £7,316 (2.6%) and its rental value has decreased by an estimated £11 per month (0.7%), giving an expected gross yield of 6.6%.
Flat 2, 2, Wellington Circus, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 May 2020.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 2, Wellington Circus, Nottingham was last sold on 20th April 2009 for £216,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2009, the market for similar properties has dropped 28.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 2, Wellington Circus, Nottingham within a radius of 290 metres over the last 2 years.
The most recent example is Apartment 7, Truman House 22-28, Park Row, Nottingham, NG1 6GX, a leasehold flat which sold for £260,000 on the 9th May 2024.
Read more about house prices in NG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellington Circus, Nottingham, NG1 has a total of 8 addresses. According to our analysis of all the public data, Flat 2, 2, Wellington Circus, Nottingham is the largest and the most expensive property on the street.
When compared to the postcode district it is £137k more expensive than the average property in NG1.
The closest station to Flat 2, 2, Wellington Circus, Nottingham is Nottingham station which is 1.0 kilometres away.
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, Wellington Circus, Nottingham, 70.4% of property is privately rented and 15.7% is privately owned with a mortgage.
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, Wellington Circus, Nottingham, 43.7% of residents are recorded as possessing school level qualifications and 56.0% 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, Wellington Circus, 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, Wellington Circus, Nottingham, 1.8% 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, Wellington Circus, 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.
