Studio 205, The Laceworks
Studio 205, The Laceworks
Description & Estimates
Studio 205, The Laceworks, Nottingham is described in the public record as a modern apartment with 215 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Studio 205, The Laceworks, Nottingham is £83,694 and its rental estimate is £433 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 205, The Laceworks, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated September 2019.
We combine this information with public data 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 205, The Laceworks, Nottingham, we estimate a market value of £87,879 and a rental value of £455 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £77,836 and £403 per month respectively.
Recent Market Change
Over the last year, Studio 205, The Laceworks, Nottingham has seen its estimated sale value fall by £1,292 (1.5%) and its estimated rental value move down by £0 per month (0.1%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
Studio 205, 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.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Studio 205, 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 FlatThe Laceworks, Queens RoadStudio 612, The Laceworks, Queens Road, Nottingham, NG2 3UR
- Sold Oct 2019£87,700 | 1 Bed FlatThe Laceworks, Queens RoadStudio 625, The Laceworks, Queens Road, Nottingham, NG2 3UR
- Sold Oct 2019£87,700 | 1 Bed FlatThe Laceworks, Queens RoadStudio 626, The Laceworks, Queens Road, Nottingham, NG2 3UR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 892 addresses on Queens Road, Nottingham, NG2, Studio 205, The Laceworks, Nottingham comes out as the 871st largest and the 871st most expensive in our analysis of the public data.
It is also £235k less expensive than the average property across the NG2 district.
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Schools Nearby
- 500mWelbeck Primary School
- 600mGreenfields Community School
- 900mWilliam Booth Primary and Nursery School
- 1.6kmThe Nottingham Emmanuel School
- 2.2kmThe Becket School
- 2.6kmNottingham University Academy of Science and Technology
More reading links
Public Transport Nearby
From Studio 205, The Laceworks, Nottingham, the nearest station is Nottingham, 300 metres away.
- 300mNottingham
- 4.6kmNetherfield
- 4.8kmCarlton
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
