B506, Castle Exchange, 41 Broad Street, Nottingham, NG1 3AP is a leasehold flat built between 1930-1949. The property offers approximately 732 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 £174,584 , which equates to approximately £238 per square foot. It was last sold on 29 Sep 2006 for £125,000. Since then, the value has increased by £49,584, representing a 39.7% increase, or approximately 2.1% per year.

The current estimated value of £174,584 is:

  • 59.3% lower than the average property price on Broad Street
  • 12.9% lower than the average in the NG1 3AP postcode area
  • and 48.2% lower than the average price for Nottingham as a whole

View sold house prices in NG1 3AP

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
732 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£174,584
Price Per sq ft (estimate)
£238
Bedroom Count (estimate)
2 bedrooms

EPC Summary

B506, Castle Exchange, 41 Broad Street, Nottingham, City Of Nottingham, Nottinghamshire, NG1 3AP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 11 Oct 2019.

This property uses electric storage 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 18 Sep 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 2.4%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NG1 3AP

69 th / 77
Price Rank
13% lower than average
22 nd / 62
Size Rank
3% bigger than average
49 th / 62
Price Per Sq FT Rank
15% lower than average

Compared to other properties in NG1 3AP , this flat's estimated value ranks 69th out of 77. Based on price per square foot, it ranks 49th out of 62 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 22th out of 62 properties in its postcode area.

Sale History

Today
£174,584
streetscan.co.uk estimate
+40 %
29 Sep 2006
£125,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 829 sq ft
sale price: £160,000
sale date: 20 Dec 2022
rooms: 3
size: 667 sq ft
sale price: £140,000
sale date: 18 Jun 2021
rooms: 2
size: 667 sq ft
sale price: £104,000
sale date: 28 Feb 2020
rooms: 3
size: 829 sq ft
sale price: £170,000
sale date: 4 Oct 2019
rooms: 3
size: 732 sq ft
sale price: £142,000
sale date: 19 Sep 2019

Data Sources

The property at B506, Castle Exchange, 41 Broad Street, Nottingham, City Of Nottingham, Nottinghamshire, NG1 3AP appears once in the Land Registry records, with the transaction recorded on 29 Sep 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Oct 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.