Studio 202, The Laceworks
Studio 202, The Laceworks
Description & Estimates
Studio 202, The Laceworks, Nottingham is recorded publicly as a modern leasehold apartment across 215 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Studio 202, The Laceworks, Nottingham is £83,377 and its rental estimate is £438 per month, given the available information and assuming reasonable condition.
The Laceworks, Queens Road is a residential building on Queens Road, Nottingham, NG2 and falls within the NG2 postal district.
Our Data Sources
Studio 202, 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.
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 Studio 202, The Laceworks, Nottingham, we estimate a market value of £87,546 and a rental value of £460 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £77,541 and £407 per month respectively.
Recent Market Change
Over the last year, Studio 202, The Laceworks, Nottingham has seen its estimated sale value fall by £1,637 (2.0%) and its estimated rental value move up by £9 per month (2.1%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Studio 202, The Laceworks, Nottingham has an Energy Performance Rating (EPC) of B. 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).
Sold Prices
The most recent sale of Studio 202, The Laceworks, Nottingham completed on 25th September 2019 at £81,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 42.5% over the period since September 2019.
- Sold Sep 2019£81,000
Similar Properties Sold Nearby
Since 2019 157 properties similar to Studio 202, The Laceworks, Nottingham have sold within a radius of 320 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th February 2024, was Studio 612, The Laceworks, Queens Road, Nottingham, NG2 3UR, a leasehold flat which sold for £88,500.
Read more about house prices in NG2.
- Sold Feb 2024£88,500 | 1 Bed FlatStudio 612, The Laceworks, Queens Road, Nottingham, NG2 3URStudio 612, The Laceworks, Queens Road, Nottingham, NG2 3UR
- Sold Oct 2019£87,700 | 1 Bed FlatStudio 626, The Laceworks, Queens Road, Nottingham, NG2 3URStudio 626, The Laceworks, Queens Road, Nottingham, NG2 3UR
- Sold Oct 2019£87,700 | 1 Bed FlatStudio 625, The Laceworks, Queens Road, Nottingham, NG2 3URStudio 625, The Laceworks, Queens Road, Nottingham, NG2 3UR
- Sold Oct 2019£82,500 | 1 Bed FlatStudio 119, The Laceworks, Queens Road, Nottingham, NG2 3UNStudio 119, The Laceworks, Queens Road, Nottingham, NG2 3UN
- Sold Oct 2019£86,200 | 1 Bed FlatStudio 704, The Laceworks, Queens Road, Nottingham, NG2 3URStudio 704, The Laceworks, Queens Road, Nottingham, NG2 3UR
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £90,571, ranging from £83,377 to £132,345.
- Studio 402 The Laceworks
1 Bed Flat | 0 m | Est. Value: £83,377
- Studio 422 The Laceworks
1 Bed Flat | 0 m | Est. Value: £85,526
- Studio 701 The Laceworks
2 Bed Flat | 0 m | Est. Value: £112,099
- Studio 501 The Laceworks
2 Bed Flat | 0 m | Est. Value: £112,099
- Studio 606 The Laceworks
1 Bed Flat | 0 m | Est. Value: £83,377
Location Comparison
Of the 894 addresses on Queens Road, Nottingham, NG2, Studio 202, The Laceworks, Nottingham comes out as the 877th largest and the 877th most expensive in our analysis of the public data.
It is also £237k less expensive than the average property across the NG2 district.
More reading links
Schools Nearby
- Welbeck Primary School500 m away
- Greenfields Community School600 m away
- William Booth Primary and Nursery School900 m away
- The Nottingham Emmanuel School1.6 km away
- The Becket School2.2 km away
- Nottingham University Academy of Science and Technology2.6 km away
More reading links
Public Transport Nearby
From Studio 202, The Laceworks, Nottingham, the nearest station is Nottingham, 300 metres away.
- Nottingham|300 m away
- Netherfield|4.6 km away
- Carlton|4.8 km away
Risk of Flooding
The flood risk here is rated Low, based on Environment Agency data.
