9, GILBERT CLOSE, NOTTINGHAM, NG5 5UR - £75,000

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.

9 GILBERT CLOSE is a midsized flat of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £89,452. It was last sold for £75,000 in October 2019, which was around 28% below the average October 2019 flat price in the City of Nottingham local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was C.

9 GILBERT CLOSE Sold Prices

Land registry data shows three sales for 9 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 9 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
2019 16 OCT	£75,000	£104,412	28% below HPI
2015 20 MAY	£67,000	£81,816	18% below HPI
2007 7 DEC	£90,500	£91,852	1% below HPI

What might 9 GILBERT CLOSE be worth now?

9 GILBERT CLOSE might now be worth an estimated £89,452.

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 9 GILBERT CLOSE of £75,000 on 16th October 2019. For the value to have increased from £75,000 to £89,452 over the seven years and five months to May 2026, the following assumptions must hold true:

• The value of 9 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 £75,000 represented a fair market value for the property.
• The size, condition, and specification of 9 GILBERT CLOSE has not materially changed since October 2019.

How Large is 9 GILBERT CLOSE?

9 GILBERT CLOSE is 58m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 50% of flats in Nottingham, based on EPC data. 48% of flats are smaller than 9 GILBERT CLOSE, and 50% of flats are larger. Note that EPC data is not available for all properties in Nottingham.

9 GILBERT CLOSE: Plot

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

Where is 9 GILBERT CLOSE?

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