Flat 5 1 Merchant Avenue

    FLAT 5 1, MERCHANT AVENUE, NOTTINGHAM, NG8 3QA

    This flat/maisonette leasehold property on Merchant Avenue last sold in March 2024 for £162,000. Based on price growth in the NG8 district since then, its estimated current value is £130,581 — placing it in the 9th percentile nationally and the 8th percentile within NG8. The property covers 56 m² (603 sq ft), giving an estimated value of £2,332 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £162,000

    Mar 2024

    Estimated Valuation

    £130,581

    Est. £/sq ft

    £217/sq ft

    £2,332/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateJul 2018
    WallsAverage thermal transmittance 0.26 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Mar 2024

    £162,000

    30 Jan 2019

    New build

    £102,619

    Key Metrics

    Estimated valuation£130,581
    Value per sq ft / m²£217/sq ft (£2,332/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG8 district percentile8th percentile
    National percentile9th percentile

    District Context — NG8

    NG8 covers parts of Nottingham's southern suburbs, including areas like Beeston and Wollaton. It is a diverse, mixed-tenure neighbourhood with a significant proportion of families and younger households.

    Average Property Price - NG8

    £257,499

    30

    National percentile

    Average Net Household Income - NG8

    £31,135

    11

    National percentile

    10-Year Annualised Price Growth - NG8

    4.6%

    83

    National percentile

    10-Year Annualised Rent Growth - NG

    4.7%

    87

    National percentile

    View full analysis for NG8

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