According to the public record, 51, Wood Street, Nottingham is a modern freehold house with 505 ft2 of internal area and sits on a 150 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Wood Street, Eastwood, Nottingham, NG16 is located in the borough of Broxtowe within the NG16 postal district.
51, Wood Street, Nottingham has 3 entries in the Land Registry database, most recently in October 2018 and a single entry in the EPC database dated October 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 Wood Street Nottingham as £140,461 and the rental value as £776 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 51 Wood Street Nottingham has increased by £2,646 (1.9%) and its rental value has increased by £13 per month (1.7%).
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, Wood Street, Nottingham is in very good condition we estimate a sale value of £147,484 and rental value of £815 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £130,629 and a rental value of £722 per month.
If you were able to purchase this property for the estimated value of £140,461, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £690 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, 51, Wood Street, Nottingham sits on a plot of 150m2.
We have plot size data on 27 out of 48 other houses in the postcode and 51, Wood Street, Nottingham sits on the 28th largest plot.
According to HM Land Registry, 51, Wood Street, Nottingham was last sold on 10 Oct 2018 for £118,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2018, the market for similar properties has risen 40.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Wood Street, Nottingham within a radius of 600 metres over the last 2 years.
The most recent example is 3, Argyle Mews, Nottingham, NG16 3BX, a Freehold house which sold for £115,000 in Jul 2018.
Read more about house prices in NG16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wood Street, Eastwood, Nottingham, NG16 has a total of 52 addresses. According to our analysis of all the public data, 51, Wood Street, Nottingham is the 50th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in NG16.
51, Wood Street, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Oct 2021.
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 51, Wood Street, Nottingham is Langley Mill station which is 1.9 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 51, Wood Street, Nottingham, 41.1% of property is privately rented and 33.9% 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 51, Wood Street, Nottingham, 13.2% of residents are recorded as possessing school level qualifications and 19.4% 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, Wood Street, Nottingham, the average age was 41.2 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 51, Wood Street, Nottingham, 0.0% 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, Wood Street, Nottingham, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.