Flat 2, 49
Flat 2, 49
Description & Estimates
According to the public record, Flat 2, 49, Upper Parliament Street, Nottingham is a period leasehold apartment with 861 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, 49, Upper Parliament Street, Nottingham is £134,725 and the estimated rental value is £1,121 per month.
The apartment is within 49, Upper Parliament Street, Nottingham, NG1.
Upper Parliament Street, Nottingham, NG1 is located within the NG1 postal district.
Our Data Sources
Flat 2, 49, Upper Parliament Street, Nottingham has 41 entries in the Land Registry , most recently in June 2020 and a single entry in the EPC database dated February 2019.
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.
Price Range & Condition
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, 49, Upper Parliament Street, Nottingham is in very good condition we estimate a sale value of £141,462 and a rental value of £1,177 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,295 and a rental value of £1,042 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, 49, Upper Parliament Street, Nottingham has dropped by £3,462 (2.6%), while its estimated rental value has fallen by £7 per month (0.6%). Based on current estimates, the property offers a gross rental yield of 10.0%.
Energy Efficiency
Flat 2, 49, Upper Parliament Street, Nottingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Feb 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 2, 49, Upper Parliament Street, Nottingham was last sold on 1st June 2020 for £145,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since June 2020, the market for similar properties has dropped by 16.8%.
- Sold Jun 2020£145,000
- Sold Jun 2015£120,000
- Sold Sep 2008£105,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 49, Upper Parliament Street, Nottingham within a radius of 330 metres over the last 2 years.
The most recent example is Flat 3, 49, Upper Parliament Street, Nottingham, NG1 2AB, a leasehold flat which sold for £135,000 on the 5th September 2022.
Read more about house prices in NG1.
- Sold Sep 2022£135,000 | 2 Bed Flat49, Upper Parliament StreetFlat 3, 49, Upper Parliament Street, Nottingham, NG1 2AB
- Sold Dec 2021£130,000 | 2 Bed FlatThurland Street6 Crusader House, Thurland Street, Nottingham, NG1 3BT
- Sold Nov 2018£150,000 | 2 Bed FlatThurland Street68 Crusader House, Thurland Street, Nottingham, NG1 3BT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Upper Parliament Street, Nottingham, NG1 has a total of 147 addresses. According to our analysis of all the public data, Flat 2, 49, Upper Parliament Street, Nottingham is the 72nd largest and the 85th most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in NG1.
More reading links
Schools Nearby
- 800mHuntingdon Academy
- 1.1kmSycamore Academy
- 1.1kmWelbeck Primary School
- 1.6kmDjanogly City Academy
- 1.6kmBluecoat Trent Academy
- 2.4kmThe Nottingham Emmanuel School
More reading links
Public Transport Nearby
The closest station to Flat 2, 49, Upper Parliament Street, Nottingham is Nottingham station, which is 900 metres away.
- 900mNottingham
- 4.8kmNetherfield
- 4.9kmCarlton
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
