Flat 5, The Cranfield
Flat 5, The Cranfield
Description & Estimates
According to the public record, Flat 5, The Cranfield, Nottingham is a modern leasehold apartment with 419 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, The Cranfield, Nottingham is £120,350 and the estimated rental value is £795 per month.
The apartment is within The Cranfield, Hine Hall, Mapperley, Nottingham, NG3.
Hine Hall, Mapperley, Nottingham, NG3 is located within the NG3 postal district.
Our Data Sources
Flat 5, The Cranfield, Nottingham has 31 entries in the Land Registry , most recently in September 2020 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, The Cranfield, Nottingham is in very good condition we estimate a sale value of £126,367 and a rental value of £835 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £111,925 and a rental value of £740 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 5, The Cranfield, Nottingham has fallen by £1,858 (1.5%), while its estimated rental value has moved up by £9 per month (1.1%). Based on current estimates, the property offers a gross rental yield of 7.9%.
Energy Efficiency
Flat 5, The Cranfield, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Mar 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 5, The Cranfield, Nottingham was last sold on 30th September 2020 for £84,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2020, the market for similar properties has risen by 37.0%.
- Sold Sep 2020£84,000
- Sold Jun 2002£62,950
- Sold Jan 1998£33,500
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, The Cranfield, Nottingham within a radius of 550 metres over the last 2 years.
The most recent example is Flat 4B, The Flintham, Hine Hall, Nottingham, NG3 5PQ, a leasehold flat which sold for £49,000 on the 26th April 2024.
Read more about house prices in NG3.
- Sold Apr 2024£49,000 | 2 Bed FlatThe Flintham, Hine HallFlat 4B, The Flintham, Hine Hall, Nottingham, NG3 5PQ
- Sold Nov 2021£108,500 | 2 Bed FlatThe Regent, Hine HallFlat 11, The Regent, Hine Hall, Nottingham, NG3 5PD
- Sold Oct 2020£59,000 | 2 Bed FlatThe Cranfield, Hine HallFlat 2, The Cranfield, Hine Hall, Nottingham, NG3 5PF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Hine Hall, Mapperley, Nottingham, NG3 has a total of 82 addresses. According to our analysis of all the public data, Flat 5, The Cranfield, Nottingham is the 66th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in NG3.
More reading links
Schools Nearby
- 800mWalter Halls Primary and Early Years School
- 800mPorchester Junior School
- 900mSt Ann's Well Academy
- 500mThe Wells Academy
- 1.7kmBluecoat Trent Academy
- 1.8kmCarlton Academy
More reading links
Public Transport Nearby
The closest station to Flat 5, The Cranfield, Nottingham is Nottingham station, which is 3.0 kilometres away.
- 3.0kmNottingham
- 3.5kmCarlton
- 3.6kmNetherfield
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
