C505, Castle Exchange, 18 George Street, Nottingham, NG1 3BG is a leasehold flat built between 1930-1949. The property offers approximately 474 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £137,655 , which equates to approximately £291 per square foot. It was last sold on 9 Jul 2020 for £112,500. Since then, the value has increased by £25,155, representing a 22.4% increase, or approximately 4.1% per year.

The current estimated value of £137,655 is:

  • 40.0% lower than the average property price on George Street
  • 24.2% lower than the average in the NG1 3BG postcode area
  • and 51.2% lower than the average price for Nottingham as a whole

View sold house prices in NG1 3BG

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
474 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£137,655
Price Per sq ft (estimate)
£291
Bedroom Count (estimate)
1 bedroom

EPC Summary

C505, Castle Exchange, 18 George Street, Nottingham, City Of Nottingham, NG1 3BG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 17 Jul 2018.

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 7 Aug 2013, when the property was rated F. Since then, the rating has improved to C, with the energy efficiency score increasing by 100%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to (another dwelling above), changing energy efficiency from very poor to n/a.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to solid brick, with internal insulation, improving energy efficiency from very poor to good.
  • The lighting was updated from no low energy lighting to low energy lighting in 60% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Solid brick, with internal insulation
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to NG1 3BG

28 th / 37
Price Rank
24% lower than average
30 th / 31
Size Rank
32% smaller than average
9 th / 31
Price Per Sq FT Rank
11% higher than average

Compared to other properties in NG1 3BG , this flat's estimated value ranks 28th out of 37. Based on price per square foot, it ranks 9th 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 30th out of 31 properties in its postcode area.

Sale History

Today
£137,655
streetscan.co.uk estimate
+22 %
9 Jul 2020
£112,500
Leasehold
+10.9 %
14 Jul 2006
£101,400
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 527 sq ft
sale price: £114,000
sale date: 25 Jun 2024
rooms: 2
size: 527 sq ft
sale price: £114,000
sale date: 22 May 2020
rooms: 2
size: 513 sq ft
sale price: £112,000
sale date: 16 Nov 2018
rooms: 2
size: 527 sq ft
sale price: £122,850
sale date: 23 Oct 2006
rooms: 3
size: 506 sq ft
sale price: £101,400
sale date: 21 Jul 2006

Data Sources

The property at C505, Castle Exchange, 18 George Street, Nottingham, NG1 3BG appears two times in the Land Registry records, with the latest transaction recorded on 9 Jul 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Jul 2018. 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.