Detached 2 sales on record

HOMESTEAD

38 WATSON AVENUE, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 7BL

£380,000

Location

Nearby

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

Type Name Distance
Shop JTS Cars 0.1 miles
Bus stop Bakerdale Road 0.1 miles
Hospital Thorneywood 0.6 miles
Train station Netherfield 1.4 miles
University Chaucer Study Space 1.8 miles

Property details

Tenure

Freehold

Property type

Detached

Bedrooms

3

Bathrooms

1

Last sold

£380,000 Feb 2026

Local average

£340,113 (40 sales)

Street crime

341 incidents within 1 mile (May 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 18/02/2026 £380,000 Detached +61.7% £379,240 to April 2026 View transaction
Sold 07/04/2016 £235,000 Detached £377,058 to April 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
30 LANCASTER ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 7AH £300,000 18/03/2026 Detached
8 CATTERLEY HILL ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 7AR £330,000 19/12/2025 Detached
18 BENTLEY AVENUE, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 7AX £245,000 03/02/2025 Detached
1 HOLLYDALE ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 7GZ £320,000 08/12/2023 Detached
32 BROOKLANDS ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 7AL £300,000 13/10/2023 Detached
20 SUTHERLAND ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 7AP £195,000 27/09/2023 Detached
10 ASHDALE ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 7BD £180,000 23/08/2023 Detached
39 BENTLEY AVENUE, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 7AX £210,000 14/07/2023 Detached
45 DALEVIEW ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 7AJ £430,000 02/05/2023 Detached
64 SWAINS AVENUE, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 7AU £370,000 13/04/2023 Detached
9 SUNNYDALE ROAD, BAKERSFIELD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 7GG £330,000 31/03/2023 Detached
100 BAKERDALE ROAD, BAKERSFIELD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 7GH £320,000 23/03/2023 Detached
51 SUNNYDALE ROAD, BAKERSFIELD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 7GG £290,000 20/03/2023 Detached
17 BENTLEY AVENUE, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 7AX £390,000 01/03/2023 Detached
26 CATTERLEY HILL ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 7AR £200,000 05/12/2022 Detached
26 FREDERICK AVENUE, CARLTON, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG4 1HP £355,000 28/11/2022 Detached
47 DALEVIEW ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 7AJ £280,000 24/11/2022 Detached
30 BAKERDALE ROAD, BAKERSFIELD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 7GH £300,000 23/11/2022 Detached
50 OAKDALE ROAD, NOTTINGHAM, CITY OF NOTTINGHAM, NG3 7EG £275,000 07/11/2022 Detached
3A FREDERICK AVENUE, CARLTON, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG4 1HP £270,000 31/10/2022 Detached

Area average: £294,500 (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 7.9%
10y growth 28%

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

1y (index) 0.7%
5y (index) 18%
10y (index) 60.5%

Rental Range

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

Low £905/mo
Realistic £1,006/mo
Optimistic £1,107/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 Terraced House, Rossington Road, NG2 £900/mo 2 0.63 miles OpenRent
2 Bed Flat, Eccles Way, NG3 £850/mo 2 0.64 miles OpenRent
2 Bed Maisonette, Luther Close, NG3 £925/mo 2 0.84 miles OpenRent
2 Bed Terraced House, Kimberley St, NG2 £900/mo 2 0.85 miles OpenRent

Average rent: £894/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.24%
Max investor price (0.8%) £112,500
Target investor price (1%) £90,000
Gross yield 2.8%
Cost-to-rent ratio 35.2×
Monthly cashflow £-711/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -7.7%
  • 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)

Street-level crime

Category Count
Violence and sexual offences 146
Criminal damage and arson 34
Vehicle crime 31
Other theft 25
Public order 24
Anti-social behaviour 22
Shoplifting 15
Other crime 14
Drugs 11
Robbery 8
Burglary 5
Possession of weapons 3
Theft from the person 3
Total incidents 341

Within 1 mile during May 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
Hogarth Academy Primary 0.4 miles Good — 15 Jun 2015
Standhill Infants' School Primary 0.4 miles Good — 26 Oct 2023
Nottingham Academy Other 0.4 miles Requires improvement — 18 Dec 2023
Iona School Other 0.4 miles Good — 26 Sep 2021
Parkdale Primary School Primary 0.6 miles Good — 19 Dec 2022

FENSA

No FENSA certificates found for this address.