According to the public record, 8, Sheepwalk Lane, Nottingham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,188 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Sheepwalk Lane, Ravenshead, Nottingham, NG15 is located in the borough of Gedling within the NG15 postal district.
8, Sheepwalk Lane, Nottingham has a single entry in the Land Registry database from June 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 8 Sheepwalk Lane Nottingham as £442,107 and the rental value as £1,649 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 8 Sheepwalk Lane Nottingham has increased by £14,302 (3.2%) and its rental value has increased by £75 per month (4.6%).
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 8, Sheepwalk Lane, Nottingham is in very good condition we estimate a sale value of £464,213 and rental value of £1,731 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £411,160 and a rental value of £1,533 per month.
If you were able to purchase this property for the estimated value of £442,107, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,173 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, 8, Sheepwalk Lane, Nottingham was last sold on 24 Jun 2008 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2008, the market for similar properties has risen 69.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Sheepwalk Lane, Nottingham within a radius of 76m over the last 2 years.
The most recent example is 16, Sheepwalk Lane, Nottingham, NG15 9FE, a Freehold house which sold for £310,000 in May 2021.
Read more about house prices in NG15.
Sheepwalk Lane, Ravenshead, Nottingham, NG15 has a total of 107 addresses. According to our analysis of all the public data, 8, Sheepwalk Lane, Nottingham is the 98th largest and the 94th most expensive property on the street.
When compared to the postcode district it is £184k more expensive than the average property in NG15.
The closest station to 8, Sheepwalk Lane, Nottingham is Newstead station which is 3.9 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 8, Sheepwalk Lane, Nottingham, 50.4% of property is privately owned outright and 39.2% 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 8, Sheepwalk Lane, Nottingham, 16.8% of residents are recorded as possessing school level qualifications and 40.5% 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 8, Sheepwalk Lane, 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 8, Sheepwalk Lane, Nottingham, 1.7% 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 8, Sheepwalk Lane, 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.