21, GILBERT CLOSE, NOTTINGHAM, NG5 5UR - £117,000

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.

21 GILBERT CLOSE is a small flat of 51m², built sometime between 2003 and 2006, which could now be worth an estimated £109,104. It was last sold for £117,000 in July 2024, which was around 12% below the average July 2024 flat price in the City of Nottingham local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was C.

21 GILBERT CLOSE Sold Prices

Land registry data shows three sales for 21 GILBERT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the City of Nottingham local authority area for the corresponding sale date. Two of the three 21 GILBERT CLOSE sales were for below the average price, whilst one 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
2024 10 JUL	£117,000	£133,543	12% below HPI
2022 29 JUL	£110,000	£131,643	16% below HPI
2004 21 MAY	£90,245	£83,305	8% above HPI

What might 21 GILBERT CLOSE be worth now?

21 GILBERT CLOSE might now be worth an estimated £109,104.

This is based on house price deflation of 6.7%, between July 2024 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 6.7% deflationary decrease is applied to the most recent sale price for 21 GILBERT CLOSE of £117,000 on 10th July 2024. For the value to have decreased from £117,000 to £109,104 over the two years and two months to May 2026, the following assumptions must hold true:

• The value of 21 GILBERT CLOSE has moved in line with the HPI for flats in the City of Nottingham local authority area.
• The July 2024 sale price of £117,000 represented a fair market value for the property.
• The size, condition, and specification of 21 GILBERT CLOSE has not materially changed since July 2024.

How Large is 21 GILBERT CLOSE?

21 GILBERT CLOSE is 51m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 40% of flats in Nottingham, based on EPC data. 32% of flats are smaller than 21 GILBERT CLOSE, and 66% of flats are larger. Note that EPC data is not available for all properties in Nottingham.

21 GILBERT CLOSE: Plot

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

Where is 21 GILBERT CLOSE?

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