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According to the public record, Flat 2, 5, Chestnut Grove, Nottingham is a period apartment with 473 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, 5, Chestnut Grove, Nottingham is £115,591 and the estimated rental value is £688 per month.
The apartment is within 5, Chestnut Grove, Nottingham, NG3.
Chestnut Grove, Nottingham, NG3 is located within the NG3 postal district.
Flat 2, 5, Chestnut Grove, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated April 2021.
We combine this information with public data 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, 5, Chestnut Grove, Nottingham is in very good condition we estimate a sale value of £121,371 and a rental value of £723 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £107,500 and a rental value of £640 per month.
Over the last 12 months the sale value of Flat 2 5 Chestnut Grove Nottingham has decreased by an estimated £1,934 (1.7%) and its rental value has increased by an estimated £11 per month (1.7%), giving an expected gross yield of 7.1%.
Flat 2, 5, Chestnut Grove, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Apr 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 5, Chestnut Grove, Nottingham within a radius of 460 metres over the last 2 years.
The most recent example is Flat 5, Cranmer Mount , St. Anns Hill, Nottingham, NG3 4LA, a leasehold flat which sold for £600,000 on the 19th May 2023.
Read more about house prices in NG3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Grove, Nottingham, NG3 has a total of 55 addresses. According to our analysis of all the public data, Flat 2, 5, Chestnut Grove, Nottingham is the 44th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in NG3.
The closest station to Flat 2, 5, Chestnut Grove, Nottingham is Nottingham station which is 2.1 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 5, Chestnut Grove, Nottingham, 34.8% of property is privately rented and 33.5% 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, 5, Chestnut Grove, Nottingham, 12.6% of residents are recorded as possessing school level qualifications and 51.1% 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, 5, Chestnut Grove, Nottingham, the average age was 38 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, 5, Chestnut Grove, Nottingham, 4.2% 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, 5, Chestnut Grove, 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.
