5 Castle Grove, The Park, Nottingham, City Of Nottingham, NG7 1DN

Detached
3
35%
PROPERTY VALUATION
£
Last sold: May 2005
INVESTMENT PERFORMANCE
Investment return: N/A
PRICE CHANGE
£175,001
Percentage change: +35%
REFINE VALUATION

Property summary Last updated: 03/05/2024

Last updated: 03/05/2024

5 Castle Grove, The Park is a 3 bedroom detached house - it is ranked as the 3rd most expensive property* in NG7 1DN, with a valuation of £675,000.

Since it last sold in May 2005 for £499,999, its value has increased by £175,001.

5 Castle Grove, The Park, Nottingham, City Of Nottingham, NG7 1DN
5 Castle Grove, Nottingham (1 of 6 - keep reading for more)
  • The latest sale in NG7 1DN went for £1.01M on 21 May 2021.
  • The average current property value here is £736,000.
  • Only one property has sold in NG7 1DN over the last 5 years.
  • 10 detached houses have sold at an average price of £595,000 in NG7 1 over the last 12 months.
  • Detached houses have been selling for £339 per square foot across NG7 1.
Recent sales
Searching for recent sales near here

If we valued this property using the average cost per square foot (CPSF):

  • Using the average CPSF for properties just in the postcode - it would be worth £830k.
  • Using the average CPSF for the whole road - it would be worth £827k.

This assumes that the property has an internal floor area of 2,712 square feet.

For it to sell for this amount, we would expect it to be in a similar state decoratively to the average property here and also have a similar sized plot of land.

The local market - Castle Grove, NG7 1DN

  • The average property value here is £736,000.
    • Valuations range from £580,000 to £1,057,000.
35%
This property has increased in price by 35% since it last sold 18 years ago.
8%
This property is 8% less expensive than average in Castle Grove, NG7 1DN.

Sale history

The most paid for a property in Castle Grove, NG7 1DN was £1,007,000 in 2021.

Date Price Change
Today's value* £675,000 35.0%
26 May 2005 £499,999 -
5 Castle Grove, The Park, Nottingham, City Of Nottingham, NG7 1DN
5 Castle Grove, The Park, Nottingham, City Of Nottingham, NG7 1DN
5 Castle Grove, The Park, Nottingham, City Of Nottingham, NG7 1DN
5 Castle Grove, The Park, Nottingham, City Of Nottingham, NG7 1DN
5 Castle Grove, The Park, Nottingham, City Of Nottingham, NG7 1DN
5 Castle Grove, The Park, Nottingham, City Of Nottingham, NG7 1DN

Valuation details

The most likely sale price is £675,000 but at the lower end we think it should fetch a minimum of £651,000.

This property has increased in price by £175,001 since it last sold in 2005 - this equates to a 1.6% rise each year.

Essential info

  • 3 bedroom freehold detached house

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £873,000.

Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £651k and £699k.

  • This property only has one recorded sale so it doesn't have a historic investment return or rating yet.

PropertyValuation
5A Castle Grove, The Park, Nottingham, City Of Nottingham, NG7 1DN 5A Castle Grove, The Park
3 bed | 1819 sq. ft.
£580,000
4 Castle Grove, The Park
£622,000
5 Castle Grove, The Park, Nottingham, City Of Nottingham, NG7 1DN 5 Castle Grove, The Park
3 bed
£675,000
7 Castle Grove, The Park
£745,000
6 Castle Grove, The Park
3606 sq.ft.
£1,057,000
OFFERS EXPECTED TO BE IN THE REGION OF:
£651k - £699k

Most likely sale price: £675k

Tell us about the condition of the property to get a more accurate valuation.

Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.

The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.

In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.

If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.

A number of things can make a property more desirable and sell for more money per square foot than others in the area.

Some of the things that can cause a property to be worth more per square foot include:

  • Good school catchment area
  • Good transport links
  • Bigger garden
  • Offstreet parking and garages
  • High quality architectural designs (a.k.a pretty houses!)
  • Good quality home improvements

We use multiple data sources to provide reliable property information to you.

Some of the data sources we use are:

  • HM Land Registry
  • Ordnance Survey
  • Department for Levelling Up, Housing & Communities
  • Royal Mail
  • Estate agents
  • Property listings

* Excluding properties that we've been unable to calculate a valuation for.

** Excludes property transactions that occurred before 1995.

Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.

The latest HM Land registry data covers property transactions up until 31/03/2024 - this was released on the 29/04/2024.