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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Studio 101, The Laceworks, Nottingham is a modern leasehold apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Studio 101, The Laceworks, Nottingham is £110,846 and the estimated rental value is £559 per month.
The apartment is within The Laceworks, Queens Road, Nottingham, NG2.
Queens Road, Nottingham, NG2 is located within the NG2 postal district.
Studio 101, The Laceworks, Nottingham has a single entry in the Land Registry from September 2019 and a single entry in the EPC database dated September 2019.
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 Studio 101, The Laceworks, Nottingham is in very good condition we estimate a sale value of £116,389 and a rental value of £587 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £103,087 and a rental value of £520 per month.
Over the last 12 months the sale value of Studio 101 The Laceworks Nottingham has decreased by an estimated £2,411 (2.2%) and its rental value has increased by an estimated £3 per month (0.5%), giving an expected gross yield of 6.1%.
Studio 101, The Laceworks, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Sep 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, Studio 101, The Laceworks, Nottingham was last sold on 26th September 2019 for £119,700 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2019, the market for similar properties has risen 29.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Studio 101, The Laceworks, Nottingham within a radius of 320 metres over the last 2 years.
The most recent example is Studio 631, The Laceworks, Queens Road, Nottingham, NG2 3UR, a leasehold flat which sold for £120,800 on the 15th October 2019.
Read more about house prices in NG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Queens Road, Nottingham, NG2 has a total of 889 addresses. According to our analysis of all the public data, Studio 101, The Laceworks, Nottingham is the 685th largest and the 535th most expensive property on the street.
When compared to the postcode district it is £204k less expensive than the average property in NG2.
The closest station to Studio 101, The Laceworks, Nottingham is Nottingham station which is 300 metres 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 Studio 101, The Laceworks, 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 Studio 101, The Laceworks, 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 Studio 101, The Laceworks, 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 Studio 101, The Laceworks, 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.
