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Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 2, 31, Newcastle Drive, Nottingham is a period leasehold apartment with 1,280 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, 31, Newcastle Drive, Nottingham is £400,258 and the estimated rental value is £1,322 per month.
The apartment is within 31, Newcastle Drive, Nottingham, NG7.
Newcastle Drive, Nottingham, NG7 is located within the NG7 postal district.
Flat 2, 31, Newcastle Drive, Nottingham has 31 entries in the Land Registry , most recently in October 2014 and a single entry in the EPC database dated November 2023.
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, 31, Newcastle Drive, Nottingham is in very good condition we estimate a sale value of £420,270 and a rental value of £1,388 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,240 and a rental value of £1,229 per month.
Over the last 12 months the sale value of Flat 2 31 Newcastle Drive Nottingham has decreased by an estimated £4,287 (1.1%) and its rental value has increased by an estimated £29 per month (2.2%), giving an expected gross yield of 4%.
Flat 2, 31, Newcastle Drive, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Nov 2023.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 31, Newcastle Drive, Nottingham was last sold on 24th October 2014 for £250,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2014, 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, 31, Newcastle Drive, Nottingham within a radius of 320 metres over the last 2 years.
The most recent example is Flat 4, Broadgate 2, Western Terrace, Nottingham, NG7 1AF, a leasehold flat which sold for £290,000 on the 24th May 2024.
Read more about house prices in NG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newcastle Drive, Nottingham, NG7 has a total of 87 addresses. According to our analysis of all the public data, Flat 2, 31, Newcastle Drive, Nottingham is the 39th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £204k more expensive than the average property in NG7.
The closest station to Flat 2, 31, Newcastle Drive, Nottingham is Nottingham station which is 1.4 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 31, Newcastle Drive, Nottingham, 55.7% of property is privately rented and 24.2% 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, 31, Newcastle Drive, Nottingham, 16.7% of residents are recorded as possessing school level qualifications and 73.9% 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, 31, Newcastle Drive, 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, 31, Newcastle Drive, Nottingham, 2.8% 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, 31, Newcastle Drive, Nottingham, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
