B509, Castle Exchange, 41 Broad Street, Nottingham, NG1 3AP is a leasehold flat built between 2003-2006. 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 £182,158 , which equates to approximately £249 per square foot. It was last sold on 19 Sep 2019 for £142,000. Since then, the value has increased by £40,158, representing a 28.3% increase, or approximately 4.5% per year.

The current estimated value of £182,158 is:

  • 57.5% lower than the average property price on Broad Street
  • 9.2% lower than the average in the NG1 3AP postcode area
  • and 46.0% lower than the average price for Nottingham as a whole

At the most recent EPC inspection on 12 October 2020, the property was recorded as rented.

View sold house prices in NG1 3AP

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
732 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£182,158
Price Per sq ft (estimate)
£249
Bedroom Count (estimate)
2 bedrooms

EPC Summary

B509, 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 12 Oct 2020.

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 4 Aug 2010, 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 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.
  • The lighting was updated from low energy lighting in 10% of fixed outlets to low energy lighting in 89% of fixed outlets, with efficiency improving from poor to very 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 89% of fixed outlets
Very Good

Compared to NG1 3AP

53 rd / 77
Price Rank
9% lower than average
23 rd / 62
Size Rank
3% bigger than average
42 nd / 62
Price Per Sq FT Rank
12% lower than average

Compared to other properties in NG1 3AP , this flat's estimated value ranks 53th out of 77. Based on price per square foot, it ranks 42th 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 23th out of 62 properties in its postcode area.

Sale History

Today
£182,158
streetscan.co.uk estimate
+28 %
19 Sep 2019
£142,000
Leasehold
+5.2 %
27 Jun 2019
£135,000
Leasehold
+8 %
8 Sep 2014
£125,000
Leasehold
+25 %
18 Nov 2010
£100,000
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: 699 sq ft
sale price: £147,500
sale date: 2 Nov 2018

Data Sources

The property at B509, Castle Exchange, 41 Broad Street, Nottingham, NG1 3AP appears four times in the Land Registry records, with the latest transaction recorded on 19 Sep 2019. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Oct 2020. 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.