17, GILBERT CLOSE, NOTTINGHAM, NG5 5UR - £93,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 GILBERT CLOSE is a midsized flat of 56m², built sometime between 2003 and 2006, which could now be worth an estimated £110,920. It was last sold for £93,000 in October 2019, which was around 11% below the average October 2019 flat price in the City of Nottingham local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

17 GILBERT CLOSE Sold Prices

Land registry data shows two sales for 17 GILBERT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the City of Nottingham local authority area for the corresponding sale date. One of the two 17 GILBERT CLOSE sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 16 OCT	£93,000	£104,412	11% below HPI
2004 18 MAY	£99,995	£83,305	20% above HPI

What might 17 GILBERT CLOSE be worth now?

17 GILBERT CLOSE might now be worth an estimated £110,920.

This is based on house price inflation of 19.3%, between October 2019 and May 2026, for flats, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.3% inflationary increase is applied to the most recent sale price for 17 GILBERT CLOSE of £93,000 on 16th October 2019. For the value to have increased from £93,000 to £110,920 over the seven years and five months to May 2026, the following assumptions must hold true:

• The value of 17 GILBERT CLOSE has moved in line with the HPI for flats in the City of Nottingham local authority area.
• The October 2019 sale price of £93,000 represented a fair market value for the property.
• The size, condition, and specification of 17 GILBERT CLOSE has not materially changed since October 2019.

How Large is 17 GILBERT CLOSE?

17 GILBERT CLOSE is 56m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 50% of flats in Nottingham, based on EPC data. 43% of flats are smaller than 17 GILBERT CLOSE, and 54% of flats are larger. Note that EPC data is not available for all properties in Nottingham.

17 GILBERT CLOSE: Plot

17 GILBERT CLOSE sits on a plot of roughly 1.7 acres, or 6,946m².

Where is 17 GILBERT CLOSE?

17 GILBERT CLOSE is located in NOTTINGHAM, in the NG5 postcode district.