Flats/Maisonettes 3 sales on record

THE PARK OCTAGON FLAT 10 WESTERN TERRACE

THE PARK, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1AF

£340,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop E-Liquid Paradise 0.1 miles
Bus stop Seely Road 0.1 miles
University Chaucer Study Space 0.5 miles
Train station Nottingham 1.0 miles
Hospital Lings Bar Hospital 3.5 miles

Property details

Tenure

Leasehold

Property type

Flat

Bedrooms

3

Bathrooms

2

Last sold

£340,000 Mar 2026

Local average

£164,346 (39 sales)

Street crime

1727 incidents within 1 mile (Jul 2026)

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 30/03/2026 £340,000 Flat +9.6% £338,576 to June 2026 View transaction
Sold 17/02/2020 £310,250 Flat +24.1% £380,707 to June 2026 View transaction
Sold 29/01/2016 £250,000 Flat £370,905 to June 2026 View transaction

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
PARK WEST APARTMENT 78 DERBY ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1LU £95,000 15/12/2025 Flat
THE CIGAR FACTORY, 158 FLAT 18 DERBY ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1LR £103,000 14/11/2025 Flat
THE PARK OCTAGON FLAT 7 WESTERN TERRACE, THE PARK, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1AF £312,500 26/09/2025 Flat
5 FLAT 2 NEWCASTLE DRIVE, THE PARK, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1AA £490,000 12/09/2025 Flat
PARK WEST APARTMENT 49 DERBY ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1LU £82,500 12/09/2025 Flat
CEDAR LODGE 4D TUNNEL ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1BP £248,000 31/07/2025 Flat
THE CIGAR FACTORY, 158 FLAT 29 DERBY ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1LR £107,500 08/04/2025 Flat
10A CAVENDISH CRESCENT NORTH, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1BA £360,000 01/12/2023 Flat
WESTBURY HOUSE, 186 FLAT 2 DERBY ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1NF £289,000 24/11/2023 Flat
PARK VIEW WESTERN TERRACE, THE PARK, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1AF £390,000 14/11/2023 Flat
4 APARTMENT 1 NEWCASTLE DRIVE, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1AA £290,000 03/11/2023 Flat
CLAREMONT FLAT 1 NORTH ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1AL £750,000 20/10/2023 Flat
THE PARK OCTAGON FLAT 15 WESTERN TERRACE, THE PARK, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1AF £340,000 08/09/2023 Flat
7 FLAT 7 PELHAM CRESCENT, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1AU £190,000 30/06/2023 Flat
3D WESTERN TERRACE, THE PARK, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1AF £431,500 22/06/2023 Flat
11 FLAT 3 WELLINGTON SQUARE, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1NG £107,500 14/04/2023 Flat
PARK EDGE FLAT 16 BARRACK LANE, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1EZ £325,000 06/04/2023 Flat
BROADGATE, 2 FLAT 3 WESTERN TERRACE, THE PARK, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1AF £385,000 03/04/2023 Flat
20 FLAT 4 BARRACK LANE, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1AN £275,000 03/03/2023 Flat
CEDAR LODGE 1D TUNNEL ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1BP £230,000 19/12/2022 Flat

Area average: £290,075 (20 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -0.9%
10y growth 6.9%

House Price Index (HM Land Registry — official index, not sold-price averages): City of Nottingham. Series: Flats and maisonettes. As of June 2026.

1y (index) -3%
5y (index) 4.6%
10y (index) 40.5%

Rental Range

Estimated market rent for Nottingham. Low = conservative, Realistic = average, Optimistic = best case.

Low £910/mo
Realistic £1,011/mo
Optimistic £1,112/mo

Based on Local Authority from postcode lookup → Nottingham.

LHA (30th percentile) floor for Nottingham: Apr 2025 – Mar 2026

Rental Comparables

Residential lets in the area (all bedroom counts shown — none matched the 3-bedroom count for this property). Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Raleigh St, NG7 £990/mo 2 0.25 miles OpenRent
2 Bed Flat, Ropewalk Court, NG1 £1,090/mo 2 0.27 miles OpenRent
2 Bed Flat, Ropewalk Court, NG1 £1,100/mo 2 0.27 miles OpenRent
2 Bed Flat, Parkgate, NG1 £1,400/mo 2 0.29 miles OpenRent

Average rent: £1,145/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.32%
Max investor price (0.8%) £136,875
Target investor price (1%) £109,500
Gross yield 3.9%
Cost-to-rent ratio 25.9×
Monthly cashflow £-378/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -4.6%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Building plot (shared): ~162,232 m² (40.09 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Street-level crime

Category Count
Violence and sexual offences 501
Shoplifting 297
Anti-social behaviour 227
Public order 140
Other theft 114
Criminal damage and arson 99
Drugs 79
Vehicle crime 76
Robbery 58
Burglary 57
Theft from the person 27
Other crime 25
Possession of weapons 14
Bicycle theft 13
Total incidents 1727

Within 1 mile during Jul 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
St Joseph's School Other 0.3 miles (No rating)
Unity Academy Other 0.4 miles Good — 13 Dec 2023
Denewood Academy Other 0.5 miles Good — 17 Mar 2020
Mellers Primary School Primary 0.5 miles Good — 19 Jan 2023
Edna G. Olds Academy Primary 0.5 miles Outstanding — 7 May 2019

FENSA

Checking FENSA certificates for this address. Refresh in a few minutes.