# THE PARK OCTAGON FLAT 10 WESTERN TERRACE, THE PARK, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1AF

## Property details

- Slug: `455a20d` (address key hash: `455a20dea846be7617df0612e078f67361f80053`)
- Postcode: NG7 1AF
- Transactions on record: 3

- 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)

## Latest sale

- Price: £340,000
- Date: 2026-03-30
- Type: F
- Tenure: L

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-03-30 | £340,000 | Flat | +9.6% | £338,576 (to June 2026) | [View](http://87.117.209.195:8080/house-prices/50d10b84-4896-b8d0-e063-4704a8c08d98) |
| Sold | 2020-02-17 | £310,250 | Flat | +24.1% | £380,707 (to June 2026) | [View](http://87.117.209.195:8080/house-prices/9ff0d96a-085d-11ed-e053-6c04a8c06383) |
| Sold | 2016-01-29 | £250,000 | Flat | — | £370,905 (to June 2026) | [View](http://87.117.209.195:8080/house-prices/2d1e4b26-a648-fcd1-e050-a8c0630544ec) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| THE PARK OCTAGON FLAT 10 WESTERN TERRACE, THE PARK, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1AF | £340,000 | 30/03/2026 | Flat |
| THE PARK OCTAGON FLAT 10 WESTERN TERRACE, THE PARK, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1AF | £310,250 | 17/02/2020 | Flat |
| THE PARK OCTAGON FLAT 10 WESTERN TERRACE, THE PARK, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1AF | £250,000 | 29/01/2016 | Flat |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [171933635](http://87.117.209.195:8080/listings/18e0ed6)

| Event | Date | Price |
|-------|------|-------|
| listed | 2026-02-06 | £359,000 |
| sold | 2026-01-01 | £340,000 |
| sold | 2020-01-01 | £310,250 |
| sold | 2016-01-01 | £250,000 |
| sold | 2002-01-01 | £260,000 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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 |
| PARK WEST APARTMENT 49 DERBY ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1LU | £82,500 | 12/09/2025 | Flat |
| 5 FLAT 2 NEWCASTLE DRIVE, THE PARK, NOTTINGHAM, CITY OF NOTTINGHAM, NG7 1AA | £490,000 | 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)

## Capital growth trend

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

- **5y growth:** -0.9%
- **10y growth:** 6.9%

## House Price Index (HM Land Registry)

*Official index for City of Nottingham; Flats and maisonettes series; as of June 2026.*

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

## Rental Range

*ONS Price Index of Private Rents (Nottingham). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £910/mo
- **Realistic:** £1,011/mo
- **Optimistic:** £1,112/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent 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)**

## 1% Rule

- **Rent ratio:** 0.32% (weak for cashflow)
- **Max investor price (0.8%):** £136,875
- **Target investor price (1%):** £109,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,095/mo).*

- **Gross yield:** 3.9%
- **Cost-to-rent:** 25.9×
- **Monthly cashflow:** £-378/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -4.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## 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.*

| 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 |