40 Russell Drive, Nottingham, NG8 2BH is a freehold detached property built between 1930-1949. The property offers approximately 990 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £273,056 , which equates to approximately £276 per square foot. It was last sold on 3 Jul 2024 for £275,000. Since then, the value has decreased by £1,944, representing a 0.7% decrease, or approximately 0.5% per year.

The current estimated value of £273,056 is:

  • 24.1% lower than the average property price on Russell Drive
  • 37.5% lower than the average in the NG8 2BH postcode area
  • and 19.0% lower than the average price for Nottingham as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 2 April 2024, the property was recorded as owner-occupied.

View sold house prices in NG8 2BH

Building approximate location

About Property

Type
Detached House
Built
1930-1949
Interior Size
990 sq ft
Tenure
Freehold
Price (estimate)
£273,056
Price Per sq ft (estimate)
£276
Bedroom Count (estimate)
3 bedrooms

EPC Summary

40 Russell Drive, Nottingham, City Of Nottingham, Nottinghamshire, NG8 2BH has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 2 Apr 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows have some secondary glazing.

The previous EPC assessment was conducted on 13 Nov 2023, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 8.1%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 50 mm loft insulation to pitched, 400+ mm loft insulation, improving energy efficiency from poor to very good.
  • The lighting was updated from low energy lighting in 30% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, 400+ mm loft insulation
Very Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Some secondary glazing
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NG8 2BH

25 th / 27
Price Rank
38% lower than average
19 th / 19
Size Rank
31% smaller than average
16 th / 19
Price Per Sq FT Rank
9% lower than average

Compared to other properties in NG8 2BH , this house's estimated value ranks 25th out of 27. Based on price per square foot, it ranks 16th out of 19 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 19th out of 19 properties in its postcode area.

Sale History

Today
£273,056
streetscan.co.uk estimate
-1 %
3 Jul 2024
£275,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1001 sq ft
sale price: £195,000
sale date: 16 Aug 2013

Data Sources

The property at 40 Russell Drive, Nottingham, City Of Nottingham, Nottinghamshire, NG8 2BH appears once in the Land Registry records, with the transaction recorded on 3 Jul 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Apr 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.