16 Nicholson Close

    16, NICHOLSON CLOSE, REDHILL, NOTTINGHAM, NG5 8RQ

    This flat/maisonette leasehold property on Nicholson Close last sold in March 2025 for £159,000. Based on price growth in the NG5 district since then, its estimated current value is £159,000 — placing it in the 14th percentile nationally and the 20th percentile within NG5. The property covers 77 m² (829 sq ft), giving an estimated value of £2,065 per m². The EPC rating is B, with a potential rating of A.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £159,000

    Mar 2025

    Estimated Valuation

    £159,000

    Est. £/sq ft

    £192/sq ft

    £2,065/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction age2021
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area829 sq ft (77 m²)
    EPC dateDec 2022
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Mar 2025

    £159,000

    29 Sept 2022

    New build

    £157,995

    Key Metrics

    Estimated valuation£159,000
    Value per sq ft / m²£192/sq ft (£2,065/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG5 district percentile20th percentile
    National percentile14th 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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