The desirable Park Estate
Located to the west of the centre of Nottingham, The Park Estate is a stylish and popular private residential housing estate. The area is well known for its Victorian architecture style. There are original buildings, which are currently listed, but the many modern houses in the estate have been converted, adapted or built to Victorian style. Another notable feature of the estate comes with the fact that gas street lighting is used, and again, this is done so in a manner that harks back to Victorian times. This gas network is deemed to be one of the largest gas networks in Europe.
For an area that provides a level of privacy and comfort for property owners, one of the key benefits of The Park Estate is that it is very well connected. The area lies very close to the centre of Nottingham with the local train station being situated just a ten minute walk from the area. This opens up the opportunity to be within the heart of London within two hours, of being in Sheffield within an hour, of being in Birmingham in 90 minutes and of being in Manchester in around two hours. Anyone looking to combine the ability to hide yourself away from the world but also get around with the minimum of fuss and effort will find that the Park Estate is the ideal place to stay.
There also many local schools classed as “good” or “good with outstanding aspects” within easy reach of The Park, so it is an area where families can stay knowing that their youngsters education is receiving proper attention.
Many famous names have been found in the Park Estate
As you would expect from such a highly prized and regarded area, many celebrities have found themselves at home in Park Estate. One notable resident is Hugh Grant, who lodged in Park Terrace when he was a teenager in the 1970s, working at the Nottingham Playhouse. This was long before Grant became a well-known actor but his presence is in keeping with the famous nature of many residents and tenants of this celebrated estate.
One household name that lived in the Park Estate was Sir Jesse Boot, who created Boots, the pharmaceutical company who can be found in 130 countries around the world. Boot owned a mansion on Park Drive, but this was demolished between the two world wars. Another business leader who lived in the area was Sir Frank Bowden, who founded the Raleigh Bicycles company.
Other famous names that have lived in the area include:
- Dame Laura Knight
- Sir Jonathan Miller
- Sir Paul Smith
- Justin Fashanu
The Park Estate is located in the NG7 postcode area
The Park Estate in Nottingham is located in the NG7 postcode area and as of November 2015, the average property price stood at £161,926, which represents a fall of 3% on the average property price of November 2014, which stood at £166,649.
When reviewing the property market in The Park, it is important to remember that there is a broad range of properties in this postcode area, not all of which are considered the exclusive properties associated with the area. A casual review of the market indicates that there are 5 bedroom detached properties on offer in The Park for over £1m and £1.6m, which are the homes that people instantly think of when considering this area of Nottingham. However, for any property buyer looking to be located close to this exclusive area, there is a growing number of developments and property on offer, which should ensure that The Park Estate and surrounding areas has something for everyone.