Flat 3, The Residency
Flat 3, The Residency
Description & Estimates
Public records show Flat 3, The Residency, Nottingham to be a mid-century leasehold apartment with 1,001 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 3, The Residency, Nottingham has an estimated sale value of £198,863 and an estimated rental value of £942 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Residency, Lucknow Road, Nottingham, NG3.
Lucknow Road, Nottingham, NG3 lies within the NG3 postal district.
Our Data Sources
Flat 3, The Residency, Nottingham has 41 entries in the Land Registry , most recently in June 2013 and a single entry in the EPC database dated March 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 3, The Residency, Nottingham would be worth £208,807, with a potential rental value of £989 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £184,943, with a rental value of £876 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 3, The Residency, Nottingham has moved down by £3,031 (1.5%) over the last year. During the same period, its estimated monthly rental value has increased by £11 (1.1%). The property's estimated gross yield is currently 5.7%.
Energy Efficiency
Flat 3, The Residency, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Mar 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 3, The Residency, Nottingham last changed hands on 3rd June 2013, selling for £133,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 6.7% since June 2013.
- Sold Jun 2013£133,000
- Sold Sep 2000£68,000
- Sold Dec 1997£60,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 490 metres of Flat 3, The Residency, Nottingham across the last 2 years.
Most recently, Flat 4, The Residency, Lucknow Road, Nottingham, NG3 5AY, a leasehold flat, sold at £172,000 on the 21st June 2021.
Read more about house prices in NG3.
- Sold Jun 2021£172,000 | 3 Bed FlatThe Residency, Lucknow RoadFlat 4, The Residency, Lucknow Road, Nottingham, NG3 5AY
- Sold Mar 2019£190,000 | 2 Bed FlatThe Residency, Lucknow RoadFlat 8, The Residency, Lucknow Road, Nottingham, NG3 5AY
- Sold Jun 2018£130,000 | 2 Bed FlatThe Residency, Lucknow RoadFlat 5, The Residency, Lucknow Road, Nottingham, NG3 5AY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 3, The Residency, Nottingham as the 8th largest and the 8th most expensive of the 47 addresses on Lucknow Road, Nottingham, NG3.
Against the NG3 postcode district average, it is £21k less expensive than the typical property.
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Schools Nearby
- 200mSt Augustine's Catholic Primary and Nursery School, A Voluntary Academy
- 800mSycamore Academy
- 800mSt Ann's Well Academy
- 700mBluecoat Trent Academy
- 1.2kmThe Wells Academy
- 1.4kmDjanogly City Academy
More reading links
Public Transport Nearby
Nottingham station is the nearest stop to Flat 3, The Residency, Nottingham at 2.6 kilometres away.
- 2.6kmNottingham
- 4.3kmCarlton
- 4.4kmNetherfield
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
