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According to the public record, Flat 9, 9, Pelham Road, Nottingham is a modern leasehold apartment with 538 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 9, 9, Pelham Road, Nottingham is £117,821 and the estimated rental value is £626 per month.
The apartment is within 9, Pelham Road, Nottingham, NG5.
Pelham Road, Nottingham, NG5 is located within the NG5 postal district.
Flat 9, 9, Pelham Road, Nottingham has a single entry in the Land Registry from April 2019 and a single entry in the EPC database dated December 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.
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 9, 9, Pelham Road, Nottingham is in very good condition we estimate a sale value of £123,712 and a rental value of £657 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,574 and a rental value of £582 per month.
Over the last 12 months the sale value of Flat 9 9 Pelham Road Nottingham has decreased by an estimated £1,973 (1.7%) and its rental value has increased by an estimated £16 per month (2.5%), giving an expected gross yield of 6.4%.
Flat 9, 9, Pelham Road, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Dec 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 9, 9, Pelham Road, Nottingham was last sold on 11th April 2019 for £120,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2019, the market for similar properties has risen 7.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, 9, Pelham Road, Nottingham within a radius of 400 metres over the last 2 years.
The most recent example is Flat 14, 9, Pelham Road, Nottingham, NG5 1AT, a leasehold flat which sold for £108,999 on the 18th January 2019.
Read more about house prices in NG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pelham Road, Nottingham, NG5 has a total of 63 addresses. According to our analysis of all the public data, Flat 9, 9, Pelham Road, Nottingham is the 34th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in NG5.
The closest station to Flat 9, 9, Pelham Road, Nottingham is Nottingham station which is 2.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 9, 9, Pelham Road, Nottingham, 72.1% of property is privately rented and 9.8% is privately owned with a mortgage.
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 9, 9, Pelham Road, Nottingham, 23.0% of residents are recorded as possessing school level qualifications and 37.2% 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 9, 9, Pelham Road, Nottingham, the average age was 32.8 and the most common age was 22.
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 9, 9, Pelham Road, Nottingham, 0.4% 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 9, 9, Pelham Road, Nottingham, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
