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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, West Flat, 2, The Ropewalk, Nottingham is a period leasehold apartment with 3,088 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for West Flat, 2, The Ropewalk, Nottingham is £947,462 and the estimated rental value is £5,194 per month.
The apartment is within 2, The Ropewalk, Nottingham, NG1.
The Ropewalk, Nottingham, NG1 is located within the NG1 postal district.
West Flat, 2, The Ropewalk, Nottingham has a single entry in the Land Registry from May 2021 and a single entry in the EPC database dated March 2013.
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 West Flat, 2, The Ropewalk, Nottingham is in very good condition we estimate a sale value of £994,835 and a rental value of £5,454 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £881,139 and a rental value of £4,830 per month.
Over the last 12 months the sale value of West Flat 2 The Ropewalk Nottingham has decreased by an estimated £21,112 (2.2%) and its rental value has decreased by an estimated £39 per month (0.8%), giving an expected gross yield of 6.6%.
West Flat, 2, The Ropewalk, Nottingham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 05 Mar 2013.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, West Flat, 2, The Ropewalk, Nottingham was last sold on 7th May 2021 for £860,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has dropped 68.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 280 metres radius of West Flat, 2, The Ropewalk, Nottingham over the last 2 years.
The most recent example is Apartment 6D, Park Heights 4-6, The Ropewalk, Nottingham, NG1 5DT, a leasehold flat which sold for £200,000 on the 6th January 2023.
Read more about house prices in NG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Ropewalk, Nottingham, NG1 has a total of 163 addresses. According to our analysis of all the public data, West Flat, 2, The Ropewalk, Nottingham is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £799k more expensive than the average property in NG1.
The closest station to West Flat, 2, The Ropewalk, Nottingham is Nottingham station which is 1.3 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around West Flat, 2, The Ropewalk, Nottingham, 55.7% of property is privately rented and 24.2% is privately owned outright.
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 West Flat, 2, The Ropewalk, Nottingham, 16.7% of residents are recorded as possessing school level qualifications and 73.9% 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 West Flat, 2, The Ropewalk, Nottingham, the average age was 29.6 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 West Flat, 2, The Ropewalk, Nottingham, 2.8% 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 West Flat, 2, The Ropewalk, Nottingham, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
