30, GILBERT CLOSE, NOTTINGHAM, NG5 5UR - £103,000

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.

30 GILBERT CLOSE is a midsized flat of 55m², built sometime between 2003 and 2006, which could now be worth an estimated £95,565. It was last sold for £103,000 in July 2023, which was around 23% below the average July 2023 flat price in the City of Nottingham local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was C.

30 GILBERT CLOSE Sold Prices

Land registry data shows three sales for 30 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. All of the three 30 GILBERT CLOSE sales were for below 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
2023 28 JUL	£103,000	£134,220	23% below HPI
2016 11 MAR	£78,000	£86,413	10% below HPI
2014 14 MAR	£62,000	£77,740	20% below HPI

What might 30 GILBERT CLOSE be worth now?

30 GILBERT CLOSE might now be worth an estimated £95,565.

This is based on house price deflation of 7.2%, between July 2023 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 7.2% deflationary decrease is applied to the most recent sale price for 30 GILBERT CLOSE of £103,000 on 28th July 2023. For the value to have decreased from £103,000 to £95,565 over the three years and two months to May 2026, the following assumptions must hold true:

• The value of 30 GILBERT CLOSE has moved in line with the HPI for flats in the City of Nottingham local authority area.
• The July 2023 sale price of £103,000 represented a fair market value for the property.
• The size, condition, and specification of 30 GILBERT CLOSE has not materially changed since July 2023.

How Large is 30 GILBERT CLOSE?

30 GILBERT CLOSE is 55m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% of flats in Nottingham, based on EPC data. 40% of flats are smaller than 30 GILBERT CLOSE, and 57% of flats are larger. Note that EPC data is not available for all properties in Nottingham.

30 GILBERT CLOSE: Plot

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

Where is 30 GILBERT CLOSE?

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