According to the public record, 84, The Wells Road, Nottingham is a modern leasehold apartment and with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The Wells Road, Nottingham, NG3 is located within the NG3 postal district.
84, The Wells Road, Nottingham has 21 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated January 2020.
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 84 The Wells Road Nottingham as £99,188 and the rental value as £796 per month giving an expected gross yield of 9.6%.
Over the last 12 months the sale value of 84 The Wells Road Nottingham has decreased by £894 (0.9%) and its rental value has increased by £35 per month (4.4%).
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 84, The Wells Road, Nottingham is in very good condition we estimate a sale value of £104,147 and rental value of £835 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £92,245 and a rental value of £740 per month.
If you were able to purchase this property for the estimated value of £99,188, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £487 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, 84, The Wells Road, Nottingham was last sold on 26 Feb 2021 for £91,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2021, the market for similar properties has risen 11.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 84, The Wells Road, Nottingham within a radius of 23m over the last 2 years.
The most recent example is 12, Eccles Way, Nottingham, NG3 3DG, a Leasehold flat which sold for £125,000 in Jun 2024.
Read more about house prices in NG3.
The Wells Road, Nottingham, NG3 has a total of 230 addresses. According to our analysis of all the public data, 84, The Wells Road, Nottingham is the 166th largest and the 214th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in NG3.
84, The Wells Road, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jan 2020.
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 84, The Wells Road, Nottingham is Nottingham station which is 2.5 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 84, The Wells Road, Nottingham, 32.0% of property is socially rented and 27.9% 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 84, The Wells Road, Nottingham, 20.1% of residents are recorded as possessing school level qualifications and 31.2% 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 84, The Wells Road, Nottingham, the average age was 36.9 and the most common age was 37.
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 84, The Wells Road, Nottingham, 0.5% 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 84, The Wells Road, Nottingham, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.