Apartment 23, Park West Derby Road, Nottingham, NG7 1LU is a leasehold flat built between 1967-1975. The property offers approximately 710 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £160,760 , which equates to approximately £226 per square foot. It was last sold on 9 Mar 2020 for £125,000. Since then, the value has increased by £35,760, representing a 28.6% increase, or approximately 5.0% per year.

The current estimated value of £160,760 is:

  • 59.6% lower than the average property price on Derby Road
  • 1.4% lower than the average in the NG7 1LU postcode area
  • and 48.1% lower than the average price for Nottingham as a whole

At the most recent EPC inspection on 26 March 2010, the property was recorded as owner-occupied.

View sold house prices in NG7 1LU

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£160,760
Price Per sq ft (estimate)
£226
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 23, Park West Derby Road, Nottingham, City Of Nottingham, NG7 1LU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Apr 2020.

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 26 Mar 2010. The rating of C is unchanged, though the energy efficiency score decreased by 6.3%.

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 hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency changing from average to very poor.
  • The wall energy efficiency changing from very good to good, with the construction or insulation remaining system built, with internal insulation.
  • The lighting was changed from low energy lighting in 86% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
System built, with internal insulation
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NG7 1LU

69 th / 86
Price Rank
1% lower than average
40 th / 83
Size Rank
6% bigger than average
67 th / 83
Price Per Sq FT Rank
7% lower than average

Compared to other properties in NG7 1LU , this flat's estimated value ranks 69th out of 86. Based on price per square foot, it ranks 67th out of 83 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 40th out of 83 properties in its postcode area.

Sale History

Today
£160,760
streetscan.co.uk estimate
+29 %
9 Mar 2020
£125,000
Leasehold
+11.6 %
19 Dec 2016
£112,000
Leasehold
+12.7 %
16 Sep 2003
£99,400
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £145,000
sale date: 31 May 2024
rooms: 3
size: 710 sq ft
sale price: £135,000
sale date: 21 Dec 2021
rooms: 3
size: 710 sq ft
sale price: £137,000
sale date: 23 Apr 2021
rooms: 3
size: 710 sq ft
sale price: £120,000
sale date: 21 Aug 2020
rooms: 3
size: 689 sq ft
sale price: £140,000
sale date: 30 Jun 2020

Data Sources

The property at Apartment 23, Park West Derby Road, Nottingham, NG7 1LU appears three times in the Land Registry records, with the latest transaction recorded on 9 Mar 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Apr 2020. 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.