According to the public record, 55, Vernon Crescent, Nottingham is a mid-century freehold house and with 990 ft2 of internal area and sits on a 491 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Vernon Crescent, Ravenshead, Nottingham, NG15 is located in the borough of Gedling within the NG15 postal district.
55, Vernon Crescent, Nottingham has 41 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated March 2015.
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 Vernon Crescent Nottingham as £327,867 and the rental value as £1,270 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 55 Vernon Crescent Nottingham has increased by £15,142 (4.6%) and its rental value has increased by £48 per month (3.8%).
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, Vernon Crescent, Nottingham is in very good condition we estimate a sale value of £344,260 and rental value of £1,334 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £304,916 and a rental value of £1,181 per month.
If you were able to purchase this property for the estimated value of £327,867, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,611 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, Vernon Crescent, Nottingham sits on a plot of 491m2.
We have plot size data on 19 out of 34 other houses in the postcode and 55, Vernon Crescent, Nottingham sits on the 8th largest plot.
According to HM Land Registry, 55, Vernon Crescent, Nottingham was last sold on 26 Sep 2023 for £300,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Sep 2023, the market for similar properties has risen 4.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Vernon Crescent, Nottingham within a radius of 207m over the last 2 years.
The most recent example is 32, Vernon Crescent, Nottingham, NG15 9BL, a Freehold house which sold for £380,000 in Oct 2023.
Read more about house prices in NG15.
Vernon Crescent, Ravenshead, Nottingham, NG15 has a total of 90 addresses. According to our analysis of all the public data, 55, Vernon Crescent, Nottingham is the 68th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £70k more expensive than the average property in NG15.
55, Vernon Crescent, Nottingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Mar 2015.
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, Vernon Crescent, Nottingham is Newstead station which is 4.4 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 55, Vernon Crescent, Nottingham, 61.2% of property is privately owned outright and 37.2% 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, Vernon Crescent, Nottingham, 16.3% of residents are recorded as possessing school level qualifications and 45.1% 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, Vernon Crescent, Nottingham, the average age was 46 and the most common age was 57.
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, Vernon Crescent, Nottingham, 1.3% 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, Vernon Crescent, Nottingham, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.