Before you offer on a home at NG10 3FD: the checks to raise with your surveyor and conveyancer, whether an asking price stands up against what sold nearby, how prices here have moved since 1995, what it costs to run a home, and a buyer's report for every home on the postcode.
1 thing to raise before an offer, and a street where the typical sale was £230k. In Long Eaton South.
1 to check3 clear£230k typical on Reedman Road
The checklist
Before you make an offer
Check
Flood risk from rivers or the sea0% of homes in this postcode are at high and 77% at medium risk. Ask about past flooding and get an insurance quote before you exchange (Environment Agency).
Note
Ground: shrink-swell clay (subsidence) moderate, landslides moderateBGS rates the wider 5 km area for these; it describes the area, not the plot. Mention it to your surveyor, especially for an older home or big trees near the house.
Note
Busy road: B6540, 220 m awayAbout 16,382 vehicles a day in 2019 (DfT traffic counts).
Clear
No coal mining riskOutside the Coal Authority's coalfield.
Clear
Quiet by WHO standardsRoad traffic about 44 dB (24-hour average), under the WHO guideline of 53.
Clear
Gigabit broadband100% of premises in the postcode can get it (Ofcom).
What homes cost and rent in Long Eaton South, by size
Size
Typical value today
Cheaper quarter
Estimated rent
Gross yield
1 bed *
£118k
£88k
£600 a month
6.1%
2 beds
£201k
£173k
£830 a month
5.0%
3 beds
£241k
£210k
£980 a month
4.9%
4+ beds
£325k
£269k
£1,260 a month
4.7%
All homes
£232k
£197k
£860 a month
4.4%
Values: sales since 2021 of homes with an energy certificate (bedrooms estimated from its rooms), carried to today on the local price index; the cheaper quarter is what a quarter of them go for under. * Too few sales here, so the council's figure. Rents are estimates: the council's typical private rent (ONS) adjusted for how values here compare. Gross yield = a year's rent ÷ value, before costs. Compare it with other places