According to the public record, Flat 6, 22, Bingham Road, Nottingham is a period Leasehold apartment and with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 22, Bingham Road, Nottingham, NG5.
Bingham Road, Nottingham, NG5 is located within the NG5 postal district.
Flat 6, 22, Bingham Road, Nottingham has 21 entries in the Land Registry database, most recently in February 2016 and no records in the EPC database.
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 Flat 6 22 Bingham Road Nottingham as £113,200 and the rental value as £549 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 6 22 Bingham Road Nottingham has increased by £2,116 (1.9%) and its rental value has increased by £46 per month (8.5%).
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 6, 22, Bingham Road, Nottingham is in very good condition we estimate a sale value of £118,860 and rental value of £576 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,276 and a rental value of £510 per month.
If you were able to purchase this property for the estimated value of £113,200, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £556 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 6, 22, Bingham Road, Nottingham was last sold on 26 Feb 2016 for £175,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2016, the market for similar properties has risen 39.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, 22, Bingham Road, Nottingham within a radius of 274m over the last 2 years.
The most recent example is 9, Greenbank Court, Nottingham, NG5 4BU, a Leasehold flat which sold for £76,000 in Sep 2020.
Read more about house prices in NG5.
Bingham Road, Nottingham, NG5 has a total of 71 addresses. According to our analysis of all the public data, Flat 6, 22, Bingham Road, Nottingham is the 45th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in NG5.
Flat 6, 22, Bingham Road, Nottingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Jun 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 6, 22, Bingham Road, Nottingham is Nottingham station which is 3.4 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 Flat 6, 22, Bingham Road, Nottingham, 40.3% of property is privately rented and 29.2% 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 Flat 6, 22, Bingham Road, Nottingham, 17.9% of residents are recorded as possessing school level qualifications and 54.4% 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 6, 22, Bingham Road, Nottingham, the average age was 41.2 and the most common age was 32.
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 6, 22, Bingham Road, Nottingham, 1.0% 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 6, 22, Bingham Road, Nottingham, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.