According to the public record, 55, Scotland Road, Nottingham is a period freehold house with 721 ft2 of internal area and sits on a 97.1 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Scotland Road, Nottingham, NG5 is located within the NG5 postal district.
55, Scotland Road, Nottingham has 31 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated June 2023.
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 55 Scotland Road Nottingham as £164,319 and the rental value as £917 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 55 Scotland Road Nottingham has increased by £3,233 (2.0%) and its rental value has increased by £85 per month (9.3%).
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 55, Scotland Road, Nottingham is in very good condition we estimate a sale value of £172,535 and rental value of £962 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,817 and a rental value of £852 per month.
If you were able to purchase this property for the estimated value of £164,319, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £808 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, 55, Scotland Road, Nottingham sits on a plot of 97m2.
We have plot size data on 24 out of 41 other houses in the postcode and 55, Scotland Road, Nottingham sits on the 20th largest plot.
According to HM Land Registry, 55, Scotland Road, Nottingham was last sold on 17 Nov 2023 for £150,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2023, the market for similar properties has risen 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Scotland Road, Nottingham within a radius of 530 metres over the last 2 years.
The most recent example is 25, Scotland Road, Nottingham, NG5 1JU, a Freehold house which sold for £150,000 in Nov 2023.
Read more about house prices in NG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Scotland Road, Nottingham, NG5 has a total of 85 addresses. According to our analysis of all the public data, 55, Scotland Road, Nottingham is the 43rd largest and the 40th most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in NG5.
55, Scotland Road, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jun 2023.
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 55, Scotland Road, Nottingham is Bulwell station which is 2.5 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 55, Scotland Road, Nottingham, 41.7% of property is privately rented and 25.2% 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 55, Scotland Road, Nottingham, 20.4% of residents are recorded as possessing school level qualifications and 31.9% 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 55, Scotland Road, Nottingham, the average age was 36.8 and the most common age was 32.
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 55, Scotland Road, 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 55, Scotland 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.