Apartment 50, Park West Derby Road, Nottingham, NG7 1LU is a leasehold flat built between 1991-1995. The property offers approximately 517 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £117,787 , which equates to approximately £228 per square foot. It was last sold on 19 Sep 2003 for £71,000. Since then, the value has increased by £46,787, representing a 65.9% increase, or approximately 3.0% per year.

The current estimated value of £117,787 is:

  • 70.4% lower than the average property price on Derby Road
  • 27.7% lower than the average in the NG7 1LU postcode area
  • and 61.9% lower than the average price for Nottingham as a whole

View sold house prices in NG7 1LU

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£117,787
Price Per sq ft (estimate)
£228
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 50, Park West Derby Road, Nottingham, City Of Nottingham, NG7 1LU has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 6 Nov 2019.

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 21 Aug 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 4.3%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, dual tariff to electric immersion, off-peak, with its energy efficiency changing from average to poor.
  • The lighting was changed from low energy lighting in 57% of fixed outlets to low energy lighting in 60% of fixed outlets, with no change in efficiency (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
Average
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to NG7 1LU

86 th / 86
Price Rank
28% lower than average
67 th / 83
Size Rank
23% smaller than average
71 st / 83
Price Per Sq FT Rank
7% lower than average

Compared to other properties in NG7 1LU , this flat's estimated value ranks 86th out of 86. Based on price per square foot, it ranks 71th 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 67th out of 83 properties in its postcode area.

Sale History

Today
£117,787
streetscan.co.uk estimate
+66 %
19 Sep 2003
£71,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 570 sq ft
sale price: £89,000
sale date: 18 Mar 2022
rooms: 2
size: 506 sq ft
sale price: £85,000
sale date: 29 Apr 2021
rooms: 2
size: 517 sq ft
sale price: £90,000
sale date: 19 Dec 2018
rooms: 3
size: 527 sq ft
sale price: £85,000
sale date: 31 Oct 2017
rooms: 2
size: 463 sq ft
sale price: £84,000
sale date: 1 Sep 2017

Data Sources

The property at Apartment 50, Park West Derby Road, Nottingham, City Of Nottingham, NG7 1LU appears once in the Land Registry records, with the transaction recorded on 19 Sep 2003. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Nov 2019. 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.