56 Raymede Drive

    56, RAYMEDE DRIVE, NOTTINGHAM, NG5 5FS

    This terraced freehold property on Raymede Drive last sold in September 2024 for £117,000. Based on price growth in the NG5 district since then, its estimated current value is £122,908 — placing it in the 7th percentile nationally and the 9th percentile within NG5. The property covers 56 m² (603 sq ft), giving an estimated value of £2,195 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £117,000

    Sept 2024

    Estimated Valuation

    £122,908

    Est. £/sq ft

    £204/sq ft

    £2,195/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateDec 2022
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Sept 2024

    £117,000

    Key Metrics

    Estimated valuation£122,908
    Value per sq ft / m²£204/sq ft (£2,195/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG5 district percentile9th percentile
    National percentile7th percentile

    District Context — NG5

    NG5 covers Bulwell and surrounding areas north of Nottingham city centre. It is a residential district with a mix of traditional terraced housing, semi-detached properties, and more recent development, offering relatively affordable entry to the Nottingham market.

    Average Property Price - NG5

    £237,585

    24

    National percentile

    Average Net Household Income - NG5

    £36,126

    38

    National percentile

    10-Year Annualised Price Growth - NG5

    4.6%

    82

    National percentile

    10-Year Annualised Rent Growth - NG

    4.7%

    87

    National percentile

    View full analysis for NG5

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