31, GILBERT CLOSE, NOTTINGHAM, NG5 5UR - £107,995

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.

31 GILBERT CLOSE is a midsized flat of 58m², built sometime between 2007 and 2011, which could now be worth an estimated £157,697. It was last sold for £107,995 in June 2004, which was around 27% above the average June 2004 flat price in the City of Nottingham local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was B.

31 GILBERT CLOSE Sold Prices

Land registry data shows one sale for 31 GILBERT CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the City of Nottingham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 18 JUN	£107,995	£85,282	27% above HPI

What might 31 GILBERT CLOSE be worth now?

31 GILBERT CLOSE might now be worth an estimated £157,697.

This is based on house price inflation of 46%, between June 2004 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 46% inflationary increase is applied to the most recent sale price for 31 GILBERT CLOSE of £107,995 on 18th June 2004. For the value to have increased from £107,995 to £157,697 over the 22 years and one month to May 2026, the following assumptions must hold true:

• The value of 31 GILBERT CLOSE has moved in line with the HPI for flats in the City of Nottingham local authority area.
• The June 2004 sale price of £107,995 represented a fair market value for the property.
• The size, condition, and specification of 31 GILBERT CLOSE has not materially changed since June 2004.

How Large is 31 GILBERT CLOSE?

31 GILBERT CLOSE is 58m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 50% of flats in Nottingham, based on EPC data. 48% of flats are smaller than 31 GILBERT CLOSE, and 50% of flats are larger. Note that EPC data is not available for all properties in Nottingham.

31 GILBERT CLOSE: Plot

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

Where is 31 GILBERT CLOSE?

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