According to the public record, Flat 6, Warwick Towers 445-447, Nottingham is a period apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Warwick Towers, Mansfield Road, Nottingham, NG5.
Mansfield Road, Nottingham, NG5 is located within the NG5 postal district.
Flat 6, Warwick Towers 445-447, Nottingham has no records in the Land Registry database and a single entry in the EPC database dated July 2022.
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 Flat 6 Warwick Towers 445-447 Nottingham as £131,959 and the rental value as £725 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 6 Warwick Towers 445-447 Nottingham has increased by £3,372 (2.6%) and its rental value has increased by £67 per month (9.2%).
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, Warwick Towers 445-447, Nottingham is in very good condition we estimate a sale value of £138,557 and rental value of £761 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £122,722 and a rental value of £674 per month.
If you were able to purchase this property for the estimated value of £131,959, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £649 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 sales of properties similar to Flat 6, Warwick Towers 445-447, Nottingham within a radius of 430 metres over the last 2 years.
The most recent example is Apartment 11, Royal Court 56, Haydn Road, Nottingham, NG5 2JU, a Leasehold flat which sold for £105,000 in Sep 2023.
Read more about house prices in NG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mansfield Road, Nottingham, NG5 has a total of 538 addresses. According to our analysis of all the public data, Flat 6, Warwick Towers 445-447, Nottingham is the 184th largest and the 232nd most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in NG5.
Flat 6, Warwick Towers 445-447, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jul 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 6, Warwick Towers 445-447, Nottingham is Nottingham station which is 3.4 kilometres 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, Warwick Towers 445-447, Nottingham, 63.1% of property is privately rented and 26.2% is socially rented.
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, Warwick Towers 445-447, Nottingham, 4.3% of residents are recorded as possessing school level qualifications and 37.6% 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, Warwick Towers 445-447, 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, Warwick Towers 445-447, 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 Flat 6, Warwick Towers 445-447, Nottingham, there are an average of 0.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.