Flat 4, 29
Flat 4, 29
Description & Estimates
Flat 4, 29, Lake Street, Nottingham is described in the public record as a modern apartment with 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, 29, Lake Street, Nottingham is £115,812 and its rental estimate is £719 per month, given the available information and assuming reasonable condition.
29, Lake Street is a residential building on Lake Street, Nottingham, NG7 and falls within the NG7 postal district.
Our Data Sources
Flat 4, 29, Lake Street, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated August 2021.
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 4, 29, Lake Street, Nottingham, we estimate a market value of £121,602 and a rental value of £755 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £107,705 and £668 per month respectively.
Recent Market Change
Over the last year, Flat 4, 29, Lake Street, Nottingham has seen its estimated sale value decrease by £1,613 (1.4%) and its estimated rental value grow by £7 per month (1.0%). This results in an estimated gross rental yield of 7.4%.
Energy Efficiency
Flat 4, 29, Lake Street, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Aug 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 4, 29, Lake Street, Nottingham have sold within a radius of 310 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th April 2023, was Flat 16, Westbridge House 1, Holland Street, Nottingham, NG7 5DS, a leasehold flat which sold for £119,950.
Read more about house prices in NG7.
- Sold Apr 2023£119,950 | 2 Bed FlatWestbridge House 1, Holland StreetFlat 16, Westbridge House 1, Holland Street, Nottingham, NG7 5DS
- Sold Sep 2022£117,500 | 2 Bed FlatWestbridge House 1, Holland StreetFlat 23, Westbridge House 1, Holland Street, Nottingham, NG7 5DS
- Sold Aug 2022£119,000 | 2 Bed FlatWestbridge House 1, Holland StreetFlat 18, Westbridge House 1, Holland Street, Nottingham, NG7 5DS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 21 addresses on Lake Street, Nottingham, NG7, Flat 4, 29, Lake Street, Nottingham comes out as the 17th largest and the 13th most expensive in our analysis of the public data.
It is also £82k less expensive than the average property across the NG7 district.
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Schools Nearby
- 100mBluecoat Bentinck Primary Academy
- 400mMellers Primary School
- 700mBerridge Primary and Nursery School
- 600mDjanogly City Academy
- 1.3kmBluecoat Trent Academy
- 1.8kmBluecoat Aspley Academy
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Public Transport Nearby
From Flat 4, 29, Lake Street, Nottingham, the nearest station is Nottingham, 2.2 kilometres away.
- 2.2kmNottingham
- 4.6kmBulwell
- 5.3kmBeeston
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
