C402, Castle Exchange, 18 George Street, Nottingham, NG1 3BG is a leasehold flat built between 2003-2006. The property offers approximately 614 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 £221,540 , which equates to approximately £361 per square foot. It was last sold on 25 Sep 2015 for £143,000. Since then, the value has increased by £78,540, representing a 54.9% increase, or approximately 5.4% per year.

The current estimated value of £221,540 is:

  • 5.7% lower than the average property price on George Street
  • 22.0% higher than the average in the NG1 3BG postcode area
  • and 28.4% lower than the average price for Nottingham as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 1 March 2021, the property was recorded as rented.

View sold house prices in NG1 3BG

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
614 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£221,540
Price Per sq ft (estimate)
£361
Bedroom Count (estimate)
1 bedroom

EPC Summary

C402, Castle Exchange, 18 George Street, Nottingham, City Of Nottingham, NG1 3BG has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 1 Mar 2021.

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 16 Mar 2011, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 2.5%.

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 hot water system changed from electric immersion, standard tariff to electric immersion, off-peak, with no change in energy efficiency (average).
  • The wall construction or insulation changed from solid brick, with internal insulation to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
  • 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
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NG1 3BG

10 th / 37
Price Rank
22% higher than average
16 th / 31
Size Rank
11% smaller than average
3 rd / 31
Price Per Sq FT Rank
38% higher than average

Compared to other properties in NG1 3BG , this flat's estimated value ranks 10th out of 37. Based on price per square foot, it ranks 3rd out of 31 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 16th out of 31 properties in its postcode area.

Sale History

Today
£221,540
streetscan.co.uk estimate
+55 %
25 Sep 2015
£143,000
Leasehold
-1 %
23 Feb 2006
£144,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 527 sq ft
sale price: £114,000
sale date: 25 Jun 2024
rooms: 3
size: 560 sq ft
sale price: £135,000
sale date: 23 Feb 2024
rooms: 3
size: 549 sq ft
sale price: £140,000
sale date: 14 Jul 2020
rooms: 2
size: 527 sq ft
sale price: £114,000
sale date: 22 May 2020
rooms: 3
size: 624 sq ft
sale price: £138,000
sale date: 22 May 2020

Data Sources

The property at C402, Castle Exchange, 18 George Street, Nottingham, NG1 3BG appears two times in the Land Registry records, with the latest transaction recorded on 25 Sep 2015. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Mar 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.