According to the public record, 5, Cornwall Drive, Nottingham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 650 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Cornwall Drive, Long Eaton, Nottingham, NG10 is located in the borough of Erewash within the NG10 postal district.
5, Cornwall Drive, Nottingham has a single entry in the Land Registry database from May 2021 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 5 Cornwall Drive Nottingham as £236,736 and the rental value as £973 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 5 Cornwall Drive Nottingham has increased by £387 (0.2%) and its rental value has increased by £62 per month (6.3%).
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 5, Cornwall Drive, Nottingham is in very good condition we estimate a sale value of £248,573 and rental value of £1,021 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,165 and a rental value of £904 per month.
If you were able to purchase this property for the estimated value of £236,736, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,163 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, 5, Cornwall Drive, Nottingham was last sold on 12 May 2021 for £170,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has risen 14.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Cornwall Drive, Nottingham within a radius of 700 metres over the last 2 years.
The most recent example is 171, Station Road, Nottingham, NG10 2EJ, a Freehold house which sold for £219,000 in Dec 2023.
Read more about house prices in NG10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cornwall Drive, Long Eaton, Nottingham, NG10 has a total of 15 addresses. According to our analysis of all the public data, 5, Cornwall Drive, Nottingham is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in NG10.
The closest station to 5, Cornwall Drive, Nottingham is Attenborough station which is 1.8 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 5, Cornwall Drive, Nottingham, 62.0% of property is privately owned outright and 28.8% 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 5, Cornwall Drive, Nottingham, 11.5% of residents are recorded as possessing school level qualifications and 33.8% 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 5, Cornwall Drive, Nottingham, the average age was 43 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 5, Cornwall Drive, Nottingham, 1.6% 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 5, Cornwall 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.