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According to the public record, Flat 7, Binding House, Nottingham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 640 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 7, Binding House, Nottingham is £129,213 and the estimated rental value is £706 per month.
The apartment is within Binding House, Binding Close, Nottingham, NG5.
Binding Close, Nottingham, NG5 is located within the NG5 postal district.
Flat 7, Binding House, Nottingham has 2 entries in the Land Registry , most recently in March 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 7, Binding House, Nottingham is in very good condition we estimate a sale value of £135,674 and a rental value of £741 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £120,168 and a rental value of £657 per month.
Over the last 12 months the sale value of Flat 7 Binding House Nottingham has decreased by an estimated £2,164 (1.7%) and its rental value has increased by an estimated £18 per month (2.5%), giving an expected gross yield of 6.6%.
According to HM Land Registry, Flat 7, Binding House, Nottingham was last sold on 31st March 2016 for £95,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2016, the market for similar properties has risen 12.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Binding House, Nottingham within a radius of 430 metres over the last 2 years.
The most recent example is Flat 1, Vellum House, Watermark Close, Nottingham, NG5 1RJ, a leasehold flat which sold for £133,000 on the 31st October 2024.
Read more about house prices in NG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Binding Close, Nottingham, NG5 has a total of 27 addresses. According to our analysis of all the public data, Flat 7, Binding House, Nottingham is the 18th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in NG5.
The closest station to Flat 7, Binding House, Nottingham is Nottingham station which is 3.3 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, Binding House, Nottingham, 38.7% of property is privately owned with a mortgage and 33.7% is privately rented.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 7, Binding House, Nottingham, 20.5% of residents are recorded as possessing school level qualifications and 50.2% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 7, Binding House, Nottingham, the average age was 34.7 and the most common age was 27.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 7, Binding House, Nottingham, 0.5% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 7, Binding House, Nottingham, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
