Apartment 55, Park West Derby Road, Nottingham, NG7 1LU is a leasehold flat built between 2007-2011. The property offers approximately 840 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £179,966 , which equates to approximately £214 per square foot. It was last sold on 31 May 2018 for £133,500. Since then, the value has increased by £46,466, representing a 34.8% increase, or approximately 4.6% per year.

The current estimated value of £179,966 is:

  • 54.8% lower than the average property price on Derby Road
  • 10.4% higher than the average in the NG7 1LU postcode area
  • and 41.8% lower than the average price for Nottingham as a whole

At the most recent EPC inspection on 2 July 2024, the property was recorded as owner-occupied.

View sold house prices in NG7 1LU

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
840 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£179,966
Price Per sq ft (estimate)
£214
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 55, 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 Jul 2024.

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 29 Nov 2011, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 12.3%.

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 average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from (another dwelling above) to flat, insulated (assumed), improving energy efficiency from n/a to good.
  • The lighting was changed from low energy lighting in 91% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Flat, insulated (assumed)
Good
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

28 th / 86
Price Rank
10% higher than average
10 th / 83
Size Rank
26% bigger than average
59 th / 83
Price Per Sq FT Rank
12% lower than average

Compared to other properties in NG7 1LU , this flat's estimated value ranks 28th out of 86. Based on price per square foot, it ranks 59th 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 10th out of 83 properties in its postcode area.

Sale History

Today
£179,966
streetscan.co.uk estimate
+35 %
31 May 2018
£133,500
Leasehold
+11.3 %
1 Dec 2003
£120,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Apartment 68, Park West Derby Road, Nottingham, NG7 1LU
rooms: 3
size: 829 sq ft
sale price: £85,500
sale date: 27 Apr 2023
Apartment 42, Park West Derby Road, Nottingham, NG7 1LU
rooms: 3
size: 732 sq ft
sale price: £110,000
sale date: 31 Oct 2019
Apartment 45, Park West Derby Road, Nottingham, NG7 1LU
rooms: 3
size: 721 sq ft
sale price: £145,000
sale date: 14 Oct 2019
Apartment 31, Park West Derby Road, Nottingham, NG7 1LU
rooms: 3
size: 715 sq ft
sale price: £130,500
sale date: 24 May 2019
Apartment 3, Park West Derby Road, Nottingham, NG7 1LU
rooms: 3
size: 721 sq ft
sale price: £123,500
sale date: 30 Nov 2018

Data Sources

The property at Apartment 55, Park West Derby Road, Nottingham, NG7 1LU appears two times in the Land Registry records, with the latest transaction recorded on 31 May 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Jul 2024. 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.
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