Flat 5, The Residency
Flat 5, The Residency
Description & Estimates
According to the public record, Flat 5, The Residency, Nottingham is a mid-century leasehold apartment with 925 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 Residency, Nottingham is £189,108 and the estimated rental value is £890 per month.
The apartment is within The Residency, Lucknow Road, Nottingham, NG3.
Lucknow Road, Nottingham, NG3 is located within the NG3 postal district.
Our Data Sources
Flat 5, The Residency, Nottingham has a single entry in the Land Registry from June 2018 and a single entry in the EPC database dated May 2018.
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
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 Residency, Nottingham is in very good condition we estimate a sale value of £198,564 and a rental value of £934 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £175,871 and a rental value of £827 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 5, The Residency, Nottingham has moved down by £2,919 (1.5%), while its estimated rental value has increased by £10 per month (1.1%). Based on current estimates, the property offers a gross rental yield of 5.6%.
Energy Efficiency
Flat 5, The Residency, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 May 2018.
The property is 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 Residency, Nottingham was last sold on 22nd June 2018 for £130,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2018, the market for similar properties has dropped by 13.5%.
- Sold Jun 2018£130,000
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 Residency, Nottingham within a radius of 490 metres over the last 2 years.
The most recent example is 9 Merrivale Court, Cyprus Road, Nottingham, NG3 5DL, a leasehold flat which sold for £192,647 on the 6th October 2023.
Read more about house prices in NG3.
- Sold Oct 2023£192,647 | 2 Bed FlatCyprus Road9 Merrivale Court, Cyprus Road, Nottingham, NG3 5DL
- Sold Jun 2021£172,000 | 3 Bed FlatThe Residency, Lucknow RoadFlat 4, The Residency, Lucknow Road, Nottingham, NG3 5AY
- Sold Mar 2019£190,000 | 2 Bed FlatThe Residency, Lucknow RoadFlat 8, The Residency, Lucknow Road, Nottingham, NG3 5AY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Lucknow Road, Nottingham, NG3 has a total of 47 addresses. According to our analysis of all the public data, Flat 5, The Residency, Nottingham is the 17th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in NG3.
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
The closest station to Flat 5, The Residency, Nottingham is Nottingham station, which is 2.6 kilometres away.
- 2.6kmNottingham
- 4.3kmCarlton
- 4.4kmNetherfield
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
