According to the public record, 10, The Island, Nottingham is a mid-century leasehold apartment and with 419 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The Island, Eastwood, Nottingham, NG16 is located in the borough of Broxtowe within the NG16 postal district.
10, The Island, Nottingham has 21 entries in the Land Registry database, most recently in September 2008 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 10 The Island Nottingham as £79,889 and the rental value as £543 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of 10 The Island Nottingham has increased by £1,779 (2.2%) and its rental value has increased by £11 per month (2.1%).
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 10, The Island, Nottingham is in very good condition we estimate a sale value of £83,884 and rental value of £570 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £74,297 and a rental value of £505 per month.
If you were able to purchase this property for the estimated value of £79,889, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £393 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 10, The Island, Nottingham was last sold on 29 Sep 2008 for £55,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2008, the market for similar properties has risen 45.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 10, The Island, Nottingham within a radius of 542m over the last 2 years.
The most recent example is 31B , Nottingham Road, Nottingham, NG16 3AN, a Leasehold flat which sold for £62,500 in Mar 2018.
Read more about house prices in NG16.
The Island, Eastwood, Nottingham, NG16 has a total of 11 addresses. According to our analysis of all the public data, 10, The Island, Nottingham is the 3rd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in NG16.
10, The Island, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 10, The Island, Nottingham is Langley Mill station which is 1.9 km away.
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 10, The Island, Nottingham, 34.7% of property is socially rented and 27.4% is privately owned outright.
The graph below shows how this compares to Greater London 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 10, The Island, Nottingham, 20.7% of residents are recorded as possessing school level qualifications and 17.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 10, The Island, Nottingham, the average age was 41.2 and the most common age was 52.
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 10, The Island, 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 10, The Island, 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.