According to the public record, 51, Alma Road, Nottingham is a mid-century freehold house and with 850 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Alma Road, Nottingham, NG3 is located within the NG3 postal district.
51, Alma Road, Nottingham has a single entry in the Land Registry database from July 2021 and a single entry in the EPC database dated April 2021.
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 51 Alma Road Nottingham as £192,697 and the rental value as £896 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 51 Alma Road Nottingham has decreased by £1,851 (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 51, Alma Road, Nottingham is in very good condition we estimate a sale value of £202,331 and rental value of £941 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,208 and a rental value of £833 per month.
If you were able to purchase this property for the estimated value of £192,697, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £947 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, 51, Alma Road, Nottingham was last sold on 01 Jul 2021 for £130,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2021, the market for similar properties has risen 9.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Alma Road, Nottingham within a radius of 81m over the last 2 years.
The most recent example is 12, Alma Road, Nottingham, NG3 2NU, a Freehold house which sold for £252,000 in Aug 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, 51, Alma Road, Nottingham is the 14th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £25k less expensive than the average property in NG3.
51, Alma Road, Nottingham has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 16 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 51, 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 51, 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 51, 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 51, 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 51, 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 51, 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.