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Property details for Apartment 1, 2 Short Hill, Nottingham NG1 1HY

Historic details available for this property Flat, Leasehold, 2 Beds, 2 Baths, 2 Receps - Edit
Zoopla Estimate: £160,000

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Value data/graphs

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  • Zoopla Estimate

    £160,000
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  • Value change
    600 (0.4%) 2,500 (1.6%) 4,650 (3.0%) 13,400 (9.1%) 18,000 (12.7%) 36,600 (29.7%) 26,750 (20.1%)  
    from 
  • Rental value
    £800 pcm
  • Confidence level
    66
  • Value range
    £150,000 - £170,000
  • Rental range
    £750 - £850 pcm

Monthly running costs Beta

£635 Monthly total

Remortgage

Property value
Loan amount (60% LTV)
Repayment term 25
Product Term 2 years
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Average property value

The average property value derives from the Zoopla Estimate, which is our assessment of the current market value of a property according to the value of other properties in the area. Our data may be incomplete or inaccurate. Learn more

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 of 1.5%.

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 £120,000 Contents value up to £20,000 Average insurance cost £12/mo (£139/yr)
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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 £32 Electricity £35 Estimated energy cost £67/mo (£798/yr)

Similar properties could save up to £172

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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: 7700 kWh/year
Electricity: 2300 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Nottingham

Estimated tax band B Council tax cost £144 /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 £16 Sewerage £13 Estimated water cost £29 /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: £159,000 | Sale date: 11th Aug 2006 - Previous sales
Property type: Flat | Tenure: Leasehold | Previous sale: £193,000 | Sale date: 12th Jun 2002 New build

This 2 bed leasehold flat is located at 2 Short Hill, Nottingham NG1 1HY and has an estimated current value of £160,000. Short Hill has 18 flats on it compared to an an average property value of £152,019 for NG1. There are currently 127 homes for sale in NG1 with an average asking price of £170,813 and 221 properties to rent in NG1 with an average asking rent of £302 pw.

Property history

Property history Apartment 1, 2 Short Hill, The Lace Market, Nottingham NG1

Previously listed for rent on 11th Aug 2017 for £1,050 pcm

2 bed flat

Property history of Apartment 1, 2 Short Hill, Nottingham NG1 1HY

Absolutely stunning and spacious two double bedroom ground floor apartment within Nottingham's historic Lace Market. Read more.....

See details for Apartment 1, 2 Short Hill, Nottingham NG1 1HY when it was last marketed:

Back to Short Hill results

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Market activity
Average price paid £167,133 Sales 139 Current average value £152,019 (Zoopla Zed-Index) Value change £4,316 ▲ 2.92%

Property value data/graphs for NG1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £345,792 £123 4.6 -
Semi-detached £260,563 £107 4.0 £468,000
Terraced £171,245 £173 3.5 £211,394
Flats £147,770 £225 1.7 £151,912

Current asking prices in NG1

Average: £170,812
Avg. current asking prices in NG1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - £260,000
(2)
£300,000
(1)
£230,000
(1)
Flats £119,301
(47)
£185,132
(56)
£333,000
(9)
£450,000
(1)
-
All £119,301
(47)
£185,132
(56)
£319,727
(11)
£375,000
(2)
£230,000
(1)

Current asking rents in NG1

Average: £1,314 pcm
Avg. current asking prices in NG1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £343 pcm
(5)
£553 pcm
(2)
£1,223 pcm
(4)
£1,110 pcm
(8)
£2,034 pcm
(9)
Flats £662 pcm
(36)
£872 pcm
(43)
£1,431 pcm
(19)
£1,785 pcm
(22)
£2,347 pcm
(6)
All £623 pcm
(41)
£858 pcm
(45)
£1,395 pcm
(23)
£1,605 pcm
(30)
£2,159 pcm
(15)

Fun facts for NG1

Highest value in NG1
Highest value streets Zed-Index
Park Terrace £531,171
Standard Hill £239,419
The Ropewalk £238,157
Commerce Square £223,461
Clarendon Street £214,786
Highest turnover in NG1
Highest turnover streets Turnover
Beck Street 42.9%
Low Pavement 41.4%
Commerce Square 40.0%
Derby Street 37.2%
Upper College Street 36.8%

What Zoopla users think of Nottingham

Overall rating:

  • currently 4 stars
Very good - 77% (365 ratings)

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Local info for Nottingham

About the neighbours in NG1

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