According to the public record, Flat 18, New Central Building 2, Nottingham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 622 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in New Central Building, Station Street, Long Eaton, Nottingham, NG10.
Station Street, Long Eaton, Nottingham, NG10 is located in the borough of Erewash within the NG10 postal district.
Flat 18, New Central Building 2, Nottingham has a single entry in the Land Registry database from December 2015 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 Flat 18 New Central Building 2 Nottingham as £101,601 and the rental value as £625 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Flat 18 New Central Building 2 Nottingham has decreased by £241 (0.2%) and its rental value has increased by £35 per month (5.6%).
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 Flat 18, New Central Building 2, Nottingham is in very good condition we estimate a sale value of £106,681 and rental value of £657 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £94,489 and a rental value of £582 per month.
If you were able to purchase this property for the estimated value of £101,601, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £499 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, Flat 18, New Central Building 2, Nottingham was last sold on 22 Dec 2015 for £62,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2015, the market for similar properties has risen 41.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 18, New Central Building 2, Nottingham within a radius of 170m over the last 2 years.
The most recent example is Flat 5, New Central Building 2, Station Street, Nottingham, NG10 1GL, a Leasehold flat which sold for £96,500 in Feb 2023.
Read more about house prices in NG10.
Station Street, Long Eaton, Nottingham, NG10 has a total of 40 addresses. According to our analysis of all the public data, Flat 18, New Central Building 2, Nottingham is the 30th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in NG10.
The closest station to Flat 18, New Central Building 2, Nottingham is Long Eaton station which is 1.9 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 Flat 18, New Central Building 2, Nottingham, 53.5% of property is privately rented and 18.4% is privately owned outright.
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 Flat 18, New Central Building 2, Nottingham, 8.7% of residents are recorded as possessing school level qualifications and 24.4% 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 Flat 18, New Central Building 2, Nottingham, the average age was 38.8 and the most common age was 27.
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 Flat 18, New Central Building 2, 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 Flat 18, New Central Building 2, Nottingham, there are an average of 0.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.