Apartment 41, Park West Derby Road, Nottingham, NG7 1LU is a leasehold flat built between 2003-2006. The property offers approximately 775 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 £174,191 , which equates to approximately £225 per square foot. It was last sold on 14 Sep 2018 for £137,000. Since then, the value has increased by £37,191, representing a 27.1% increase, or approximately 3.7% per year.

The current estimated value of £174,191 is:

  • 56.2% lower than the average property price on Derby Road
  • 6.9% higher than the average in the NG7 1LU postcode area
  • and 43.7% 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 December 2021, the property was recorded as owner-occupied.

View sold house prices in NG7 1LU

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
775 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£174,191
Price Per sq ft (estimate)
£225
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 41, 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 2 Dec 2021.

This property uses electric room 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 23 Mar 2010. The rating of C remains the same, but the energy efficiency score improved by 9.6%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 67% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NG7 1LU

4 th / 86
Price Rank
7% higher than average
18 th / 83
Size Rank
16% bigger than average
8 th / 83
Price Per Sq FT Rank
8% lower than average

Compared to other properties in NG7 1LU , this flat's estimated value ranks 4th out of 86. Based on price per square foot, it ranks 8th out of 83 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 18th out of 83 properties in its postcode area.

Sale History

Today
£174,191
streetscan.co.uk estimate
+27 %
14 Sep 2018
£137,000
Leasehold
+26.3 %
7 Oct 2010
£108,500
Leasehold
-30 %
19 Feb 2004
£155,000
Leasehold
-11.2 %
1 Dec 2003
£174,522
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 829 sq ft
sale price: £85,500
sale date: 27 Apr 2023
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 41, Park West Derby Road, Nottingham, NG7 1LU appears four times in the Land Registry records, with the latest transaction recorded on 14 Sep 2018. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Dec 2021. 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.