Flat 4, The Residency
Flat 4, The Residency
Description & Estimates
Public records show Flat 4, The Residency, Nottingham to be a mid-century leasehold apartment with 990 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 4, The Residency, Nottingham has an estimated sale value of £197,825 and an estimated rental value of £940 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 4, The Residency, Nottingham has 41 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated August 2016.
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 4, The Residency, Nottingham would be worth £207,716, with a potential rental value of £987 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £183,977, with a rental value of £875 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 4, The Residency, Nottingham has moved down by £3,015 (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 4, The Residency, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 4, The Residency, Nottingham last changed hands on 21st June 2021, selling for £172,000. 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 29.6% since June 2021.
- Sold Jun 2021£172,000
- Sold Jan 2012£140,000
- Sold Sep 2010£144,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 490 metres of Flat 4, The Residency, Nottingham across the last 2 years.
Most recently, Apartment 8, The Lodge, Lucknow Road, Nottingham, NG3 5AY, a leasehold flat, sold at £168,500 on the 6th April 2022.
Read more about house prices in NG3.
- Sold Apr 2022£168,500 | 3 Bed FlatThe Lodge, Lucknow RoadApartment 8, The Lodge, 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 4, The Residency, Nottingham as the 9th largest and the 9th most expensive of the 47 addresses on Lucknow Road, Nottingham, NG3.
Against the NG3 postcode district average, it is £22k less expensive than the typical property.
More reading links
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 4, 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.
