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According to the public record, Red Bank, Nottingham is a modern freehold house with 3,143 ft2 of internal area and sits on a 2,434 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Red Bank, Nottingham is £657,842 and the estimated rental value is £2,412 per month.
Chapel Lane, Epperstone, Nottingham, NG14 is located in the borough of Newark and Sherwood within the NG14 postal district.
Red Bank, Nottingham has a single entry in the Land Registry from May 2010 and a single entry in the EPC database dated March 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Red Bank, Nottingham is in very good condition we estimate a sale value of £690,734 and a rental value of £2,533 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £611,793 and a rental value of £2,243 per month.
Over the last 12 months the sale value of Red Bank Nottingham has decreased by an estimated £7,228 (1.1%) and its rental value has increased by an estimated £26 per month (1.1%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, Red Bank, Nottingham sits on a plot of 2434m2.
We have plot size data on 30 out of 40 other houses in the postcode and Red Bank, Nottingham sits on the 12th largest plot.
Red Bank, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Mar 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, Red Bank, Nottingham was last sold on 17th May 2010 for £425,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2010, the market for similar properties has risen 46.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Red Bank, Nottingham within a radius of 3.1 kilometres over the last 2 years.
The most recent example is Grove Farm, Main Street, Nottingham, NG14 6AU, a freehold house which sold for £1,180,000 on the 23rd July 2020.
Read more about house prices in NG14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chapel Lane, Epperstone, Nottingham, NG14 has a total of 49 addresses. According to our analysis of all the public data, Red Bank, Nottingham is the 10th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £301k more expensive than the average property in NG14.
The closest station to Red Bank, Nottingham is Lowdham station which is 3.5 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 Red Bank, Nottingham, % of property is and % is .
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 Red Bank, Nottingham, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 Red Bank, Nottingham, 0.0% 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 Red Bank, Nottingham, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.