Apartment 504, North West, 41 Talbot Street, Nottingham, NG1 5GY is a leasehold flat built between 2003-2006. The property offers approximately 538 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £229,153 , which equates to approximately £426 per square foot. It was last sold on 6 Nov 2018 for £180,000. Since then, the value has increased by £49,153, representing a 27.3% increase, or approximately 3.8% per year.

The current estimated value of £229,153 is:

  • 66.7% lower than the average property price on Talbot Street
  • 3.7% higher than the average in the NG1 5GY postcode area
  • and 26.0% 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 rented both times. This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 24 July 2023, the property was recorded as rented.

View sold house prices in NG1 5GY

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£229,153
Price Per sq ft (estimate)
£426
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 504, North West, 41 Talbot Street, Nottingham, City Of Nottingham, NG1 5GY has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 24 Jul 2023.

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 20 May 2021. The rating of B is unchanged, though the energy efficiency score decreased by 4.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
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 NG1 5GY

9 th / 72
Price Rank
4% higher than average
65 th / 70
Size Rank
23% smaller than average
1 st / 70
Price Per Sq FT Rank
35% higher than average

Compared to other properties in NG1 5GY , this flat's estimated value ranks 9th out of 72. Based on price per square foot, it ranks 1st out of 70 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 65th out of 70 properties in its postcode area.

Sale History

Today
£229,153
streetscan.co.uk estimate
+27 %
6 Nov 2018
£180,000
Leasehold
-7.6 %
14 Mar 2007
£194,750
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 592 sq ft
sale price: £118,000
sale date: 15 Jan 2021
rooms: 2
size: 538 sq ft
sale price: £104,000
sale date: 5 Dec 2014
rooms: 2
size: 506 sq ft
sale price: £104,000
sale date: 15 Oct 2014
rooms: 2
size: 570 sq ft
sale price: £68,000
sale date: 12 Apr 2013
rooms: 2
size: 581 sq ft
sale price: £148,500
sale date: 13 Mar 2007

Data Sources

The property at Apartment 504, North West, 41 Talbot Street, Nottingham, NG1 5GY appears two times in the Land Registry records, with the latest transaction recorded on 6 Nov 2018. It also has five Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Jul 2023. 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.