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Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 2, 24, Second Avenue, Nottingham is a modern leasehold apartment with 581 ft2 of internal area.
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, 24, Second Avenue, Nottingham is £122,174 and the estimated rental value is £754 per month.
The apartment is within 24, Second Avenue, Nottingham, NG7.
Second Avenue, Nottingham, NG7 is located within the NG7 postal district.
Flat 2, 24, Second Avenue, Nottingham has 3 entries in the Land Registry , most recently in October 2017 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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, 24, Second Avenue, Nottingham is in very good condition we estimate a sale value of £128,282 and a rental value of £792 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,622 and a rental value of £702 per month.
Over the last 12 months the sale value of Flat 2 24 Second Avenue Nottingham has decreased by an estimated £2,299 (1.9%) and its rental value has increased by an estimated £8 per month (1.1%), giving an expected gross yield of 7.4%.
Flat 2, 24, Second Avenue, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 24, Second Avenue, Nottingham was last sold on 27th October 2017 for £105,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2017, the market for similar properties has risen 16.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 24, Second Avenue, Nottingham within a radius of 420 metres over the last 2 years.
The most recent example is Flat 1, 23, Second Avenue, Nottingham, NG7 6JJ, a leasehold flat which sold for £135,000 on the 30th November 2023.
Read more about house prices in NG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Second Avenue, Nottingham, NG7 has a total of 47 addresses. According to our analysis of all the public data, Flat 2, 24, Second Avenue, Nottingham is the 30th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in NG7.
The closest station to Flat 2, 24, Second Avenue, Nottingham is Nottingham station which is 2.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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, 24, Second Avenue, Nottingham, 69.4% of property is privately rented and 15.3% 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, 24, Second Avenue, Nottingham, 36.1% of residents are recorded as possessing school level qualifications and 40.7% 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, 24, Second Avenue, Nottingham, the average age was 32.8 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, 24, Second Avenue, Nottingham, 0.7% 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, 24, Second Avenue, Nottingham, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
