12 Nicholson Close

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

    This detached freehold property on Nicholson Close last sold in February 2024 for £195,000. Based on price growth in the NG5 district since then, its estimated current value is £199,612 — placing it in the 24th percentile nationally and the 39th percentile within NG5. The property covers 77 m² (829 sq ft), giving an estimated value of £2,592 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £195,000

    Feb 2024

    Estimated Valuation

    £199,612

    Est. £/sq ft

    £241/sq ft

    £2,592/m²

    Property Details

    TypeDetached
    TenureFreehold
    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

    20 Feb 2024

    £195,000

    31 Aug 2022

    New build

    £189,995

    Key Metrics

    Estimated valuation£199,612
    Value per sq ft / m²£241/sq ft (£2,592/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG5 district percentile39th percentile
    National percentile24th 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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