According to the public record, 48, Butterfly Lane, Nottingham is a modern freehold house and with 904 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Butterfly Lane, Calverton, Nottingham, NG14 is located in the borough of Gedling within the NG14 postal district.
48, Butterfly Lane, Nottingham has a single entry in the Land Registry database from December 2022 and no records in the EPC database.
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 good condition, we estimate the current sale value for 48 Butterfly Lane Nottingham as £276,413 and the rental value as £1,295 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 48 Butterfly Lane Nottingham has increased by £91 (0.0%) and its rental value has increased by £84 per month (6.5%).
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 48, Butterfly Lane, Nottingham is in very good condition we estimate a sale value of £290,234 and rental value of £1,359 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,064 and a rental value of £1,204 per month.
If you were able to purchase this property for the estimated value of £276,413, 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 HM Land Registry, 48, Butterfly Lane, Nottingham was last sold on 16 Dec 2022 for £261,895 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2022, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Butterfly Lane, Nottingham within a radius of 0m over the last 2 years.
The most recent example is 46, Butterfly Lane, Nottingham, NG14 6SL, a Freehold house which sold for £259,995 in Jul 2023.
Read more about house prices in NG14.
Butterfly Lane, Calverton, Nottingham, NG14 has a total of 31 addresses. According to our analysis of all the public data, 48, Butterfly Lane, Nottingham is the 20th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in NG14.
48, Butterfly Lane, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Dec 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 48, Butterfly Lane, Nottingham is Hucknall station which is 6.6 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 48, Butterfly Lane, Nottingham, 41.9% of property is privately owned with a mortgage and 33.3% 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 48, Butterfly Lane, Nottingham, 18.7% of residents are recorded as possessing school level qualifications and 40.9% 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 48, Butterfly Lane, 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 48, Butterfly Lane, Nottingham, 0.6% 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 48, Butterfly Lane, Nottingham, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.