According to the public record, 2, Oak Drive, Nottingham is a mid-century freehold house and with 1,270 ft2 of internal area and sits on a 686 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Oak Drive, Eastwood, Nottingham, NG16 is located in the borough of Broxtowe within the NG16 postal district.
2, Oak Drive, Nottingham has a single entry in the Land Registry database from October 2021 and a single entry in the EPC database dated April 2021.
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 2 Oak Drive Nottingham as £276,381 and the rental value as £1,197 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 2 Oak Drive Nottingham has increased by £5,886 (2.1%) and its rental value has increased by £7 per month (0.6%).
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 2, Oak Drive, Nottingham is in very good condition we estimate a sale value of £290,200 and rental value of £1,257 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,034 and a rental value of £1,113 per month.
If you were able to purchase this property for the estimated value of £276,381, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,358 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 data from HM Land Registry, 2, Oak Drive, Nottingham sits on a plot of 686m2.
We have plot size data on 23 out of 45 other houses in the postcode and 2, Oak Drive, Nottingham sits on the 4th largest plot.
According to HM Land Registry, 2, Oak Drive, Nottingham was last sold on 29 Oct 2021 for £235,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2021, the market for similar properties has risen 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Oak Drive, Nottingham within a radius of 372m over the last 2 years.
The most recent example is 26, Woodside, Nottingham, NG16 3NW, a Freehold house which sold for £277,500 in Feb 2024.
Read more about house prices in NG16.
Oak Drive, Eastwood, Nottingham, NG16 has a total of 82 addresses. According to our analysis of all the public data, 2, Oak Drive, Nottingham is the largest and the most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in NG16.
2, Oak Drive, Nottingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 2, Oak Drive, Nottingham is Langley Mill station which is 1.4 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 2, Oak Drive, Nottingham, 40.9% of property is privately owned outright and 24.6% is socially rented.
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 2, Oak Drive, Nottingham, 13.6% of residents are recorded as possessing school level qualifications and 16.1% 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 2, Oak Drive, 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 2, Oak Drive, Nottingham, 0.9% 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 2, Oak Drive, 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.