According to the public record, 39, Chelwood Drive, Nottingham is a modern freehold house and with 1,645 ft2 of internal area and sits on a 161 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Chelwood Drive, Nottingham, NG3 is located in the borough of Gedling within the NG3 postal district.
39, Chelwood Drive, Nottingham has 31 entries in the Land Registry database, most recently in April 2016 and a single entry in the EPC database dated February 2012.
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 39 Chelwood Drive Nottingham as £390,544 and the rental value as £1,146 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 39 Chelwood Drive Nottingham has decreased by £10,146 (2.6%) and its rental value has increased by £28 per month (2.4%).
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 39, Chelwood Drive, Nottingham is in very good condition we estimate a sale value of £410,072 and rental value of £1,203 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £363,206 and a rental value of £1,066 per month.
If you were able to purchase this property for the estimated value of £390,544, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,919 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, 39, Chelwood Drive, Nottingham sits on a plot of 161m2.
We have plot size data on 19 out of 27 other houses in the postcode and 39, Chelwood Drive, Nottingham sits on the 13th largest plot.
According to HM Land Registry, 39, Chelwood Drive, Nottingham was last sold on 29 Apr 2016 for £250,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2016, the market for similar properties has risen 38.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Chelwood Drive, Nottingham within a radius of 72m over the last 2 years.
The most recent example is 8, Chelwood Drive, Nottingham, NG3 6FG, a Freehold house which sold for £386,000 in Sep 2021.
Read more about house prices in NG3.
Chelwood Drive, Nottingham, NG3 has a total of 39 addresses. According to our analysis of all the public data, 39, Chelwood Drive, Nottingham is the 6th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £173k more expensive than the average property in NG3.
39, Chelwood Drive, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Feb 2012.
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 39, Chelwood Drive, Nottingham is Carlton station which is 2.6 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 39, Chelwood Drive, Nottingham, 36.5% of property is privately owned outright and 35.9% 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 39, Chelwood Drive, Nottingham, 17.4% of residents are recorded as possessing school level qualifications and 41.0% 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 39, Chelwood Drive, Nottingham, the average age was 43.8 and the most common age was 57.
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 39, Chelwood Drive, Nottingham, 1.2% 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 39, Chelwood Drive, Nottingham, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.