Apartment 61, Park West Derby Road, Nottingham, NG7 1LU is a leasehold flat built between 2003-2006. The property offers approximately 710 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £171,767 , which equates to approximately £242 per square foot. It was last sold on 24 May 2019 for £131,000. Since then, the value has increased by £40,767, representing a 31.1% increase, or approximately 4.7% per year.

The current estimated value of £171,767 is:

  • 56.8% lower than the average property price on Derby Road
  • 5.4% higher than the average in the NG7 1LU postcode area
  • and 44.5% lower than the average price for Nottingham as a whole

At the most recent EPC inspection on 23 August 2021, the property was recorded as rented.

View sold house prices in NG7 1LU

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£171,767
Price Per sq ft (estimate)
£242
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 61, 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 23 Aug 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 30 Jan 2010. The rating of C is unchanged, though the energy efficiency score decreased by 3.8%.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in 93% 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
Average
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

58 th / 86
Price Rank
5% higher than average
41 st / 83
Size Rank
6% bigger than average
57 th / 83
Price Per Sq FT Rank
1% lower than average

Compared to other properties in NG7 1LU , this flat's estimated value ranks 58th out of 86. Based on price per square foot, it ranks 57th 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 41th out of 83 properties in its postcode area.

Sale History

Today
£171,767
streetscan.co.uk estimate
+31 %
24 May 2019
£131,000
Leasehold
+31.4 %
16 Sep 2003
£99,684
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 61, Park West Derby Road, Nottingham, NG7 1LU appears two times in the Land Registry records, with the latest transaction recorded on 24 May 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Aug 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.