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Flat 4, 55A, Gedling Road, Nottingham is described in the public record as a modern apartment with 333 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 4, 55A, Gedling Road, Nottingham is £88,799 and its rental estimate is £565 per month, given the available information and assuming reasonable condition.
55A, Gedling Road is a residential building on Gedling Road, Arnold, Nottingham, NG5 and falls within the NG5 postal district and the borough of Gedling.
Flat 4, 55A, Gedling Road, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated February 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.
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, 55A, Gedling Road, Nottingham, we estimate a market value of £93,239 and a rental value of £594 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £82,583 and £526 per month respectively.
Over the last year, Flat 4, 55A, Gedling Road, Nottingham has seen its estimated sale value drop by £1,715 (1.9%) and its estimated rental value rise by £11 per month (2.0%). This results in an estimated gross rental yield of 7.6%.
Flat 4, 55A, Gedling Road, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Feb 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 1 property similar to Flat 4, 55A, Gedling Road, Nottingham has sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th March 2022, was 62, Smithy Crescent, Nottingham, NG5 7FT, a leasehold flat which sold for £87,000.
Read more about house prices in NG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 221 addresses on Gedling Road, Arnold, Nottingham, NG5, Flat 4, 55A, Gedling Road, Nottingham comes out as the 220th largest and the 218th most expensive in our analysis of the public data.
It is also £131k less expensive than the average property across the NG5 district.
From Flat 4, 55A, Gedling Road, Nottingham, the nearest station is Bulwell, 4.8 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, 55A, Gedling Road, Nottingham, 46.0% of property is privately owned outright and 37.9% is privately owned with a mortgage.
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 4, 55A, Gedling Road, Nottingham, 17.5% of residents are recorded as possessing school level qualifications and 26.0% 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 4, 55A, Gedling Road, Nottingham, the average age was 39.6 and the most common age was 12.
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 4, 55A, Gedling Road, Nottingham, 0.4% 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 4, 55A, Gedling Road, Nottingham, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.