According to the public record, 256, Park Road East, Nottingham is a mid-century freehold house with 850 ft2 of internal area and sits on a 292 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Park Road East, Calverton, Nottingham, NG14 is located in the borough of Gedling within the NG14 postal district.
256, Park Road East, Nottingham has a single entry in the Land Registry database from February 2024 and a single entry in the EPC database dated June 2023.
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 256 Park Road East Nottingham as £271,739 and the rental value as £1,258 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 256 Park Road East Nottingham has decreased by £1,890 (0.7%) and its rental value has increased by £85 per month (6.8%).
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 256, Park Road East, Nottingham is in very good condition we estimate a sale value of £285,326 and rental value of £1,321 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,717 and a rental value of £1,170 per month.
If you were able to purchase this property for the estimated value of £271,739, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,336 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, 256, Park Road East, Nottingham sits on a plot of 292m2.
We have plot size data on 10 out of 18 other houses in the postcode and 256, Park Road East, Nottingham sits on the 5th largest plot.
According to HM Land Registry, 256, Park Road East, Nottingham was last sold on 12 Feb 2024 for £255,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2024, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 256, Park Road East, Nottingham within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 38, Paddock Close, Nottingham, NG14 6GJ, a Freehold house which sold for £285,000 in Apr 2024.
Read more about house prices in NG14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road East, Calverton, Nottingham, NG14 has a total of 131 addresses. According to our analysis of all the public data, 256, Park Road East, Nottingham is the 83rd largest and the 19th most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in NG14.
256, Park Road East, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jun 2023.
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 256, Park Road East, Nottingham is Lowdham station which is 6.2 kilometres 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 256, Park Road East, Nottingham, 81.3% of property is privately owned outright and 15.0% is privately owned with a mortgage.
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 256, Park Road East, Nottingham, 6.8% of residents are recorded as possessing school level qualifications and 27.8% 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 256, Park Road East, Nottingham, the average age was 45 and the most common age was 62.
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 256, Park Road East, Nottingham, 1.9% 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 256, Park Road East, Nottingham, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.