C507, Castle Exchange, 18 George Street, Nottingham, NG1 3BG is a leasehold flat built between 1930-1949. The property offers approximately 635 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £131,180 , which equates to approximately £207 per square foot. It was last sold on 29 Sep 2006 for £93,923. Since then, the value has increased by £37,257, representing a 39.7% increase, or approximately 2.1% per year.

The current estimated value of £131,180 is:

  • 44.2% lower than the average property price on George Street
  • 27.7% lower than the average in the NG1 3BG postcode area
  • and 57.6% lower than the average price for Nottingham as a whole

At the most recent EPC inspection on 27 February 2021, the property was recorded as rented.

View sold house prices in NG1 3BG

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
635 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£131,180
Price Per sq ft (estimate)
£207
Bedroom Count (estimate)
1 bedroom

EPC Summary

C507, Castle Exchange, 18 George Street, Nottingham, City Of Nottingham, NG1 3BG has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 27 Feb 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 14 Mar 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 23%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from roof room(s), insulated (assumed) to pitched, no insulation (assumed), changing energy efficiency from good to very poor.
  • The wall construction or insulation changed from solid brick, 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 low energy lighting in 21% of fixed outlets to no low energy lighting, with efficiency changing from poor to very poor.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to NG1 3BG

37 th / 37
Price Rank
28% lower than average
10 th / 31
Size Rank
8% smaller than average
29 th / 31
Price Per Sq FT Rank
21% lower than average

Compared to other properties in NG1 3BG , this flat's estimated value ranks 37th out of 37. Based on price per square foot, it ranks 29th out of 31 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 10th out of 31 properties in its postcode area.

Sale History

Today
£131,180
streetscan.co.uk estimate
+40 %
29 Sep 2006
£93,923
Leasehold

Area Insights

Similar Properties Sold Nearby

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: 3
size: 624 sq ft
sale price: £138,000
sale date: 22 May 2020
rooms: 3
size: 721 sq ft
sale price: £135,000
sale date: 10 Nov 2017
rooms: 3
size: 614 sq ft
sale price: £143,000
sale date: 25 Sep 2015

Data Sources

The property at C507, Castle Exchange, 18 George Street, Nottingham, City Of Nottingham, NG1 3BG 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 27 Feb 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.