38 Commercial Road

    38, COMMERCIAL ROAD, NOTTINGHAM, NG6 8HE

    This terraced freehold property on Commercial Road last sold in May 2012 for £40,000. Based on price growth in the NG6 district since then, its estimated current value is £82,042 — placing it in the 2nd percentile nationally and the 2nd percentile within NG6. The property covers 86 m² (926 sq ft), giving an estimated value of £954 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £40,000

    May 2012

    Estimated Valuation

    £82,042

    Est. £/sq ft

    £89/sq ft

    £954/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area926 sq ft (86 m²)
    EPC dateApr 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 May 2012

    £40,000

    3 Feb 2009

    £35,000

    8 May 2001

    £32,000

    16 Feb 1996

    £13,000

    Key Metrics

    Estimated valuation£82,042
    Value per sq ft / m²£89/sq ft (£954/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG6 district percentile2nd percentile
    National percentile2nd percentile

    District Context — NG6

    NG6 covers Bulwell, Basford and surrounding areas in north Nottingham. It is a working-class neighbourhood with strong community roots and good transport links to the city centre.

    Average Property Price - NG6

    £193,596

    10

    National percentile

    Average Net Household Income - NG6

    £31,637

    13

    National percentile

    10-Year Annualised Price Growth - NG6

    6.3%

    98

    National percentile

    10-Year Annualised Rent Growth - NG

    4.7%

    87

    National percentile

    View full analysis for NG6

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