Flat 5, 29
Flat 5, 29
Description & Estimates
According to the public record, Flat 5, 29, Lake Street, Nottingham is a modern apartment with 538 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 5, 29, Lake Street, Nottingham is £116,827 and the estimated rental value is £723 per month.
The apartment is within 29, Lake Street, Nottingham, NG7.
Lake Street, Nottingham, NG7 is located within the NG7 postal district.
Our Data Sources
Flat 5, 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
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 5, 29, Lake Street, Nottingham is in very good condition we estimate a sale value of £122,669 and a rental value of £759 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £108,649 and a rental value of £672 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 5, 29, Lake Street, Nottingham has declined by £1,627 (1.4%), while its estimated rental value has climbed by £7 per month (1.0%). Based on current estimates, the property offers a gross rental yield of 7.4%.
Energy Efficiency
Flat 5, 29, Lake Street, Nottingham has an Energy Performance Rating (EPC) of D. 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
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 29, Lake Street, Nottingham within a radius of 310 metres over the last 2 years.
The most recent example is Flat 16, Westbridge House 1, Holland Street, Nottingham, NG7 5DS, a leasehold flat which sold for £119,950 on the 14th April 2023.
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
Lake Street, Nottingham, NG7 has a total of 21 addresses. According to our analysis of all the public data, Flat 5, 29, Lake Street, Nottingham is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in NG7.
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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
The closest station to Flat 5, 29, Lake Street, Nottingham is Nottingham station, which is 2.2 kilometres away.
- 2.2kmNottingham
- 4.6kmBulwell
- 5.3kmBeeston
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
