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Property details for Apartment 20, Hockley House, 23 Woolpack Lane, Nottingham NG1 1GA

Historic details available for this property Flat, Leasehold, 1 Bed, 1 Bath, 1 Recep - Edit
Zoopla Estimate: £179,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £179,000
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  • Value change
    3,650 (2.1%) 20,400 (12.9%) 24,950 (16.2%) 19,400 (12.1%) 41,700 (30.4%) 37,900 (26.9%) 27,400 (18.1%)  
    from 
  • Rental value
    £850 pcm
  • Confidence level
    66
  • Value range
    £168,000 - £190,000
  • Rental range
    £800 - £950 pcm

Monthly running costs Beta

£627 Monthly total
Remortgage
Property value
Loan amount (60%) 107,400
Repayment term 25
Interest rate 0.5
Your payment £380 /mo Find remortgage deals In partnership with uSwitch
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £24/mo (£289/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £25 Electricity £26 Estimated energy cost £51/mo (£609/yr)

Reduce your energy costs by up to £97/year

  • You could save £97/yr
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Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6000 kWh/year
Electricity: 1900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Nottingham

Estimated tax band C Council tax cost £152 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £11 Sewerage £9 Estimated water cost £20 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Property type: Flat | Tenure: Leasehold | Last sale: £149,500 | Sale date: 10th Oct 2005 New build

This 1 bed leasehold flat is located at Hockley House, 23 Woolpack Lane, Nottingham NG1 1GA and has an estimated current value of £179,000. Woolpack Lane, NG1 has 200 flats on it with a current average value of £155,294, compared to an average property value of £161,210 for NG1. There have been 21 property sales on Woolpack Lane over the last 5 years with an average sold house price of £111,765 and this flat was last sold on 10th Oct 2005 for £149,500. There are currently 91 properties for sale in NG1 with an average asking price of £449,699 and 352 houses and flats to rent in NG1 with an average asking rent of £387 pw.

Property history

Property history Woolpack Lane, Nottingham NG1

Previously listed for rent on 11th Feb 2015 for £475 pcm

1 bed flat

Property history of Apartment 20, Hockley House, 23 Woolpack Lane, Nottingham NG1 1GA

Eastside Properties are pleased to offer for rent this spacious one bedroom apartment in the heart of the Lace Market. Fantastic views outs across the vibrant city centre of Nottingham.

Owner info

As the owner of a home, you may claim it on Zoopla to edit your home facts, set a TemptMe Price and more...

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Market activity
Average price paid £158,025 Sales 150 Current average value £161,210 (Zoopla Zed-Index) Value change £8,198 ▲ 5.36%

What is the current average value of properties in NG1?

The current average value in NG1 in January 2017 is £161,210. This has increased 1.05% from October 2016. Terraced properties sold for a current average value of £176,859 and semi-detached properties valued £266,476. In the past year property prices in NG1 have increased 5.36%. This is according to the current Zoopla estimates.

Property value data/graphs for NG1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £338,595 £131 4.6 £100,000
Semi-detached £266,476 £109 4.0 £347,666
Terraced £176,859 £190 3.5 £276,250
Flats £157,210 £243 1.7 £145,576

Current asking prices in NG1

Average: £195,304
Avg. current asking prices in NG1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £100,000
(1)
- £220,000
(1)
£385,000
(1)
-
Flats £93,280
(32)
£168,264
(43)
£320,000
(2)
- -
All £93,483
(33)
£168,264
(43)
£286,667
(3)
£385,000
(1)
-

Current asking rents in NG1

Average: £985 pcm
Avg. current asking prices in NG1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £513 pcm
(6)
£607 pcm
(2)
£1,707 pcm
(3)
£992 pcm
(9)
£1,988 pcm
(4)
Flats £633 pcm
(89)
£893 pcm
(47)
£1,456 pcm
(18)
£1,952 pcm
(16)
£1,959 pcm
(5)
All £626 pcm
(95)
£882 pcm
(49)
£1,492 pcm
(21)
£1,607 pcm
(25)
£1,972 pcm
(9)

Fun facts for NG1

Highest value in NG1
Highest value streets Zed-Index
Park Terrace £551,535
The Ropewalk £254,143
Standard Hill £251,475
Clarendon Street £228,953
Commerce Square £227,294
Highest turnover in NG1
Highest turnover streets Turnover
Low Pavement 44.8%
Beck Street 42.9%
Ristes Place 40.0%
Park Terrace 34.0%
Commerce Square 32.5%

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