19, GILBERT CLOSE, NOTTINGHAM, NG5 5UR - £77,500

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.

19 GILBERT CLOSE is a small flat of 52m², built sometime between 2003 and 2006, which could now be worth an estimated £104,423. It was last sold for £77,500 in August 2007, which was around 16% below the average August 2007 flat price in the City of Nottingham local authority area. The most recent EPC inspection was February 2019, where the current energy rating was B, and the potential energy rating was B.

19 GILBERT CLOSE Sold Prices

Land registry data shows two sales for 19 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 19 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
2007 24 AUG	£77,500	£92,424	16% below HPI
2004 17 MAY	£89,995	£83,305	8% above HPI

What might 19 GILBERT CLOSE be worth now?

19 GILBERT CLOSE might now be worth an estimated £104,423.

This is based on house price inflation of 34.7%, between August 2007 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 34.7% inflationary increase is applied to the most recent sale price for 19 GILBERT CLOSE of £77,500 on 24th August 2007. For the value to have increased from £77,500 to £104,423 over the nineteen years and three months to May 2026, the following assumptions must hold true:

• The value of 19 GILBERT CLOSE has moved in line with the HPI for flats in the City of Nottingham local authority area.
• The August 2007 sale price of £77,500 represented a fair market value for the property.
• The size, condition, and specification of 19 GILBERT CLOSE has not materially changed since August 2007.

How Large is 19 GILBERT CLOSE?

19 GILBERT CLOSE is 52m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 40% of flats in Nottingham, based on EPC data. 34% of flats are smaller than 19 GILBERT CLOSE, and 64% of flats are larger. Note that EPC data is not available for all properties in Nottingham.

19 GILBERT CLOSE: Plot

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

Where is 19 GILBERT CLOSE?

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