Flat 5, 3A
Flat 5, 3A
Description & Estimates
Flat 5, 3A, Forest Road East, Nottingham is recorded publicly as a period leasehold apartment across 710 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 5, 3A, Forest Road East, Nottingham is £58,773 and its rental estimate is £552 per month, given the available information and assuming reasonable condition.
3A, Forest Road East is a residential building on Forest Road East, Nottingham, NG1 and falls within the NG1 postal district.
Our Data Sources
Flat 5, 3A, Forest Road East, Nottingham has a single entry in the Land Registry from March 2010 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 5, 3A, Forest Road East, Nottingham, we estimate a market value of £61,712 and a rental value of £580 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £54,659 and £514 per month respectively.
Recent Market Change
Over the last year, Flat 5, 3A, Forest Road East, Nottingham has seen its estimated sale value decline by £1,510 (2.6%) and its estimated rental value drop by £4 per month (0.6%). This results in an estimated gross rental yield of 11.3%.
Energy Efficiency
Flat 5, 3A, Forest Road East, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jul 2019.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 5, 3A, Forest Road East, Nottingham completed on 23rd March 2010 at £50,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 43.5% over the period since March 2010.
- Sold Mar 2010£50,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, 3A, Forest Road East, Nottingham have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th January 2018, was Flat 35, The Chaddesden 25, Mapperley Road, Nottingham, NG3 5NF, a leasehold flat which sold for £45,000.
Read more about house prices in NG1.
- Sold Jan 2018£45,000 | 2 Bed FlatThe Chaddesden 25, Mapperley RoadFlat 35, The Chaddesden 25, Mapperley Road, Nottingham, NG3 5NF
- Sold Mar 2010£40,000 | 2 Bed Flat3A, Forest Road EastFlat 2, 3A, Forest Road East, Nottingham, NG1 4HJ
- Sold Mar 2010£40,000 | 2 Bed Flat3A, Forest Road EastFlat 3, 3A, Forest Road East, Nottingham, NG1 4HJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 52 addresses on Forest Road East, Nottingham, NG1, Flat 5, 3A, Forest Road East, Nottingham comes out as the 39th largest and the 50th most expensive in our analysis of the public data.
It is also £90k less expensive than the average property across the NG1 district.
More reading links
Schools Nearby
- 700mHuntingdon Academy
- 700mSt Augustine's Catholic Primary and Nursery School, A Voluntary Academy
- 800mSycamore Academy
- 600mBluecoat Trent Academy
- 800mDjanogly City Academy
- 1.7kmNottingham Free School
More reading links
Public Transport Nearby
From Flat 5, 3A, Forest Road East, Nottingham, the nearest station is Nottingham, 2.0 kilometres away.
- 2.0kmNottingham
- 4.9kmBulwell
- 5.0kmNetherfield
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.
