Flat 2, 44-46
Flat 2, 44-46
Description & Estimates
Flat 2, 44-46, Commercial Road, Nottingham is described in the public record as an early-century apartment with 269 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 2, 44-46, Commercial Road, Nottingham is £97,924 and its rental estimate is £418 per month, given the available information and assuming reasonable condition.
44-46, Commercial Road is a residential building on Commercial Road, Nottingham, NG6 and falls within the NG6 postal district.
Our Data Sources
Flat 2, 44-46, Commercial Road, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated September 2018.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2, 44-46, Commercial Road, Nottingham, we estimate a market value of £102,821 and a rental value of £439 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £91,070 and £389 per month respectively.
Recent Market Change
Over the last year, Flat 2, 44-46, Commercial Road, Nottingham has seen its estimated sale value drop by £2,031 (2.1%) and its estimated rental value rise by £8 per month (1.9%). This results in an estimated gross rental yield of 5.1%.
Energy Efficiency
Flat 2, 44-46, Commercial Road, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Sep 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 480 metres of Flat 2, 44-46, Commercial Road, Nottingham, per the Land Registry and our network of Estate Agents.
The latest, on the 5th July 2019, was 40, Commercial Road, Nottingham, NG6 8HE, a freehold house which sold for £105,000.
Read more about house prices in NG6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 71 addresses on Commercial Road, Nottingham, NG6, Flat 2, 44-46, Commercial Road, Nottingham comes out as the 71st largest and the 48th most expensive in our analysis of the public data.
It is also £71k less expensive than the average property across the NG6 district.
More reading links
Schools Nearby
- 500mBulwell St Mary's Primary and Nursery School
- 500mRufford Primary and Nursery School
- 700mCrabtree Farm Primary School
- 600mThe Bulwell Academy
- 1.8kmPark Vale Academy
- 2.6kmEllis Guilford School
More reading links
Public Transport Nearby
From Flat 2, 44-46, Commercial Road, Nottingham, the nearest station is Bulwell, 400 metres away.
- 400mBulwell
- 4.0kmHucknall
- 6.9kmIlkeston
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
