According to the public record, 7, Field Close, Nottingham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,238 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Field Close, Gedling, Nottingham, NG4 is located in the borough of Gedling within the NG4 postal district.
7, Field Close, Nottingham has a single entry in the Land Registry database from August 2008 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 7 Field Close Nottingham as £467,292 and the rental value as £1,289 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of 7 Field Close Nottingham has decreased by £10,858 (2.3%) and its rental value has increased by £21 per month (1.6%).
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 7, Field Close, Nottingham is in very good condition we estimate a sale value of £490,656 and rental value of £1,353 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £434,581 and a rental value of £1,199 per month.
If you were able to purchase this property for the estimated value of £467,292, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,297 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, 7, Field Close, Nottingham was last sold on 15 Aug 2008 for £290,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2008, the market for similar properties has risen 71.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Field Close, Nottingham within a radius of 258m over the last 2 years.
The most recent example is 12, Bleasdale Close, Nottingham, NG4 4BA, a Freehold house which sold for £430,000 in Jan 2023.
Read more about house prices in NG4.
Field Close, Gedling, Nottingham, NG4 has a total of 11 addresses. According to our analysis of all the public data, 7, Field Close, Nottingham is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £240k more expensive than the average property in NG4.
The closest station to 7, Field Close, Nottingham is Carlton station which is 1.4 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 7, Field Close, Nottingham, 48.3% of property is privately owned outright and 34.2% 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 7, Field Close, Nottingham, 13.2% of residents are recorded as possessing school level qualifications and 39.0% 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 7, Field Close, Nottingham, the average age was 42.6 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 7, Field Close, 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 7, Field Close, Nottingham, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.