Flat 8, The Ghaleb
Flat 8, The Ghaleb
Description & Estimates
Flat 8, The Ghaleb, Nottingham is recorded publicly as a modern leasehold apartment across 1,216 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 8, The Ghaleb, Nottingham is £164,174 and its rental estimate is £990 per month, given the available information and assuming reasonable condition.
The Ghaleb, Hine Hall is a residential building on Hine Hall, Mapperley, Nottingham, NG3 and falls within the NG3 postal district.
Our Data Sources
Flat 8, The Ghaleb, Nottingham has 31 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated September 2021.
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 8, The Ghaleb, Nottingham, we estimate a market value of £172,382 and a rental value of £1,040 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £152,682 and £921 per month respectively.
Recent Market Change
Over the last year, Flat 8, The Ghaleb, Nottingham has seen its estimated sale value decline by £2,502 (1.5%) and its estimated rental value climb by £11 per month (1.1%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
Flat 8, The Ghaleb, Nottingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Sep 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Flat 8, The Ghaleb, Nottingham completed on 1st April 2022 at £185,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 16.8% over the period since April 2022.
- Sold Apr 2022£185,000
- Sold Apr 2010£77,500
- Sold Sep 2002£98,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Flat 8, The Ghaleb, Nottingham have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th May 2021, was Flat 7, The Hanover, Hine Hall, Nottingham, NG3 5PL, a leasehold flat which sold for £140,000.
Read more about house prices in NG3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 82 addresses on Hine Hall, Mapperley, Nottingham, NG3, Flat 8, The Ghaleb, Nottingham comes out as the 5th largest and the 6th most expensive in our analysis of the public data.
It is also £56k less expensive than the average property across the NG3 district.
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Schools Nearby
- 800mPorchester Junior School
- 800mWalter Halls Primary and Early Years School
- 900mSt Ann's Well Academy
- 500mThe Wells Academy
- 1.8kmBluecoat Trent Academy
- 1.8kmCarlton Academy
More reading links
Public Transport Nearby
From Flat 8, The Ghaleb, Nottingham, the nearest station is Nottingham, 3.1 kilometres away.
- 3.1kmNottingham
- 3.4kmCarlton
- 3.5kmNetherfield
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
