Flat 5, 50
Flat 5, 50
Description & Estimates
The public record describes Flat 5, 50, Park Lane, Nottingham as a modern apartment with 333 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 5, 50, Park Lane, Nottingham has an estimated sale value of £48,764 and an estimated rental value of £312 per month, assuming reasonable condition and based on the information available.
The apartment sits within 50, Park Lane, Nottingham, NG6.
Park Lane, Nottingham, NG6 lies within the NG6 postal district.
Our Data Sources
Flat 5, 50, Park Lane, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated March 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
In very good condition, we estimate Flat 5, 50, Park Lane, Nottingham would be worth £51,202, with a potential rental value of £328 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £45,350, with a rental value of £290 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 5, 50, Park Lane, Nottingham has declined by £1,011 (2.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £6 (1.9%). The property's estimated gross yield is currently 7.7%.
Energy Efficiency
Flat 5, 50, Park Lane, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Mar 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 500 metres of Flat 5, 50, Park Lane, Nottingham across the last 2 years.
Most recently, 40, Park Lane, Nottingham, NG6 0DT, a freehold house, sold at £100,000 on the 10th December 2021.
Read more about house prices in NG6.
•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 5, 50, Park Lane, Nottingham as the 88th largest and the 90th most expensive of the 93 addresses on Park Lane, Nottingham, NG6.
Against the NG6 postcode district average, it is £120k less expensive than the typical property.
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Schools Nearby
- 0mSouthwark Primary School
- 800mOur Lady of Perpetual Succour Catholic Primary School
- 900mOld Basford School
- 1.2kmEllis Guilford School
- 1.7kmNottingham Free School
- 2.2kmPark Vale Academy
More reading links
Public Transport Nearby
Bulwell station is the nearest stop to Flat 5, 50, Park Lane, Nottingham at 1.6 kilometres away.
- 1.6kmBulwell
- 5.1kmNottingham
- 5.6kmHucknall
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
