56 Edison Way, Arnold, Nottingham, NG5 7NJ is a leasehold flat built between 2003-2006. The property offers approximately 420 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £147,438 , which equates to approximately £351 per square foot. It was last sold on 29 Mar 2018 for £110,000. Since then, the value has increased by £37,438, representing a 34.0% increase, or approximately 4.4% per year.

The current estimated value of £147,438 is:

  • 33.5% lower than the average property price on Edison Way
  • 13.9% lower than the average in the NG5 7NJ postcode area
  • and 56.3% lower than the average price for Nottingham as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). 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 21 March 2022, the property was recorded as owner-occupied.

View sold house prices in NG5 7NJ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
420 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£147,438
Price Per sq ft (estimate)
£351
Bedroom Count (estimate)
1 bedroom

EPC Summary

56 Edison Way, Arnold, Nottingham, Gedling, Nottinghamshire, NG5 7NJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Mar 2022.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 4 Apr 2011, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 16.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The roof energy efficiency changing from very good to good, with the construction or insulation remaining pitched, insulated (assumed).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NG5 7NJ

25 th / 74
Price Rank
14% lower than average
66 th / 67
Size Rank
40% smaller than average
1 st / 67
Price Per Sq FT Rank
44% higher than average

Compared to other properties in NG5 7NJ , this flat's estimated value ranks 25th out of 74. Based on price per square foot, it ranks 1st out of 67 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 66th out of 67 properties in its postcode area.

Sale History

Today
£147,438
streetscan.co.uk estimate
+34 %
29 Mar 2018
£110,000
Leasehold
-22.5 %
25 Jun 2004
£142,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 463 sq ft
sale price: £84,800
sale date: 23 Sep 2024
rooms: 2
size: 474 sq ft
sale price: £72,000
sale date: 16 Jan 2018
rooms: 2
size: 474 sq ft
sale price: £82,500
sale date: 11 Nov 2016
rooms: 2
size: 463 sq ft
sale price: £70,000
sale date: 25 Jul 2014
rooms: 2
size: 474 sq ft
sale price: £88,000
sale date: 27 Aug 2004

Data Sources

The property at 56 Edison Way, Arnold, Nottingham, NG5 7NJ appears two times in the Land Registry records, with the latest transaction recorded on 29 Mar 2018. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Mar 2022. 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.