Flat 5, The Chestnuts, 25 Magdala Road, Nottingham, NG3 5DE is a leasehold flat built before 1900. The property offers approximately 1,539 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have five bedrooms.

The estimated current market value of the property is £277,128 , which equates to approximately £180 per square foot. It was last sold on 10 May 2024 for £273,000. Since then, the value has increased by £4,128, representing a 1.5% increase, or approximately 1.0% per year.

The current estimated value of £277,128 is:

  • 6.0% lower than the average property price on Magdala Road
  • 51.0% lower than the average in the NG3 5DE postcode area
  • and 17.8% 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 September 2023, the property was recorded as rented.

View sold house prices in NG3 5DE

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
1539 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£277,128
Price Per sq ft (estimate)
£180
Bedroom Count (estimate)
5 bedrooms

EPC Summary

Flat 5, The Chestnuts, 25 Magdala Road, Nottingham, City Of Nottingham, Nottinghamshire, NG3 5DE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 1 Sep 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Dec 2010, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 11.8%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, insulated (assumed) to pitched, limited insulation, changing energy efficiency from good to poor.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from no low energy lighting to low energy lighting in 73% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, limited insulation
Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 73% of fixed outlets
Very Good

Compared to NG3 5DE

16 th / 20
Price Rank
51% lower than average
6 th / 16
Size Rank
12% bigger than average
14 th / 16
Price Per Sq FT Rank
56% lower than average

Compared to other properties in NG3 5DE , this flat's estimated value ranks 16th out of 20. Based on price per square foot, it ranks 14th out of 16 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 6th out of 16 properties in its postcode area.

Sale History

Today
£277,128
streetscan.co.uk estimate
+2 %
10 May 2024
£273,000
Leasehold
+21.3 %
19 Apr 2016
£225,000
Leasehold
+32.4 %
30 Apr 2012
£170,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 1326 sq ft
sale price: £240,000
sale date: 30 Apr 2012

Data Sources

The property at Flat 5, The Chestnuts, 25 Magdala Road, Nottingham, NG3 5DE appears three times in the Land Registry records, with the latest transaction recorded on 10 May 2024. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Sep 2023. 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.