According to the public record, 34, Alma Road, Nottingham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 881 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Alma Road, Nottingham, NG3 is located within the NG3 postal district.
34, Alma Road, Nottingham has a single entry in the Land Registry database from February 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 34 Alma Road Nottingham as £195,862 and the rental value as £901 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 34 Alma Road Nottingham has decreased by £1,881 (1.0%) and its rental value has increased by £49 per month (5.4%).
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 34, Alma Road, Nottingham is in very good condition we estimate a sale value of £205,656 and rental value of £946 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,152 and a rental value of £838 per month.
If you were able to purchase this property for the estimated value of £195,862, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £963 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, 34, Alma Road, Nottingham was last sold on 03 Feb 2022 for £140,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2022, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Alma Road, Nottingham within a radius of 60m over the last 2 years.
The most recent example is 16, Alma Road, Nottingham, NG3 2NU, a Freehold house which sold for £250,000 in Nov 2022.
Read more about house prices in NG3.
Alma Road, Nottingham, NG3 has a total of 54 addresses. According to our analysis of all the public data, 34, Alma Road, Nottingham is the 12th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in NG3.
The closest station to 34, Alma Road, Nottingham is Nottingham station which is 2.1 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 34, Alma Road, Nottingham, 37.9% of property is privately rented and 28.2% 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 34, Alma Road, Nottingham, 18.7% of residents are recorded as possessing school level qualifications and 32.5% 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 34, Alma Road, Nottingham, the average age was 34.3 and the most common age was 2.
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 34, Alma Road, Nottingham, 1.0% 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 34, Alma Road, Nottingham, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.