According to the public record, 2B , Waldeck Road, Nottingham is a period apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 2, Waldeck Road, Nottingham, NG5.
Waldeck Road, Nottingham, NG5 is located within the NG5 postal district.
2B , Waldeck Road, Nottingham has no records in the Land Registry database and no records in the EPC database.
We combine this information with public data 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 2B Waldeck Road Nottingham as £374,494 and the rental value as £1,807 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 2B Waldeck Road Nottingham has increased by £9,813 (2.6%) and its rental value has increased by £183 per month (10.1%).
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 2B , Waldeck Road, Nottingham is in very good condition we estimate a sale value of £393,218 and rental value of £1,897 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £348,279 and a rental value of £1,680 per month.
If you were able to purchase this property for the estimated value of £374,494, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,841 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 the Land Registry and our network of Estate Agents, there have been 3 property sales within a 22m radius of 2B , Waldeck Road, Nottingham over the last 2 years.
The most recent example is 6, Waldeck Road, Nottingham, NG5 2AF, a Freehold house which sold for £272,000 in Oct 2020.
Read more about house prices in NG5.
Waldeck Road, Nottingham, NG5 has a total of 86 addresses. According to our analysis of all the public data, 2B , Waldeck Road, Nottingham is the 54th largest and the most expensive property on the street.
When compared to the postcode district it is £174k more expensive than the average property in NG5.
2B , Waldeck Road, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Feb 2021.
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 2B , Waldeck Road, Nottingham is Nottingham station which is 3.2 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 2B , Waldeck Road, Nottingham, 39.4% of property is privately rented and 30.7% 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 2B , Waldeck Road, Nottingham, 13.2% of residents are recorded as possessing school level qualifications and 51.5% 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 2B , Waldeck Road, Nottingham, the average age was 38 and the most common age was 22.
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 2B , Waldeck Road, 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 2B , Waldeck Road, Nottingham, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.