Chapel Lane, Ravenshead, Nottingham, NG15

Street Guide For Chapel Lane, Ravenshead, Nottingham, NG15

 

Chapel Lane, Ravenshead, Nottingham, NG15 Map

Estimated Price: £327,517
Average Asking Price: £213,346
Price change in last one year: £20,265
Average Price Paid: £280,414
Average Rent Rates: £2,509

 

Property Prices Breakdown in Chapel Lane, Ravenshead, Nottingham, NG15

Average Price for property in Chapel Lane, Ravenshead, Nottingham, NG15 is around £327,517 which varies based on type of property you are interested in and ranges from £347,988 for detached house to around £200,782 for semi-detached. Similarly terraced house is around £185,432. Values have been changing and have risen £531 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,159 in last 6 months, £20,265 in last 1 year, £33,280 in last 2 years, £33,465 in last 3 years, £28,537 in last 4 years and £31,826 in last 5 years.

Currently average asking price of a property in Chapel Lane, Ravenshead, Nottingham, NG15 is around £213,346 based on approximately 3 properties for sale. Same is the case with rental options based on 78 properties up for rent, average asking rent is around £2,509 per month.

Estimated property value in Chapel Lane, Ravenshead, Nottingham, NG15 is £327,517. Average asking price is £213,346 while average price paid is £346,666 which is up by £20,265 and Avg. asking rent £2,509.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Chapel Lane, Ravenshead, Nottingham, NG15 area. In last 1 year alone average price buyer paid is around £346,666 based on approximately 3 sales in Chapel Lane, Ravenshead, Nottingham, NG15 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £316,642. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £280,414 for 26 and average amount paid for purchase of approx. 35 properties sold in last 7 years comes to about £277,447 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £92,500, £117,723 for a 2 bedroom house, £159,235 for a 3 bedroom house, £280,094 for a 4 bedroom house and £416,843 for a 5 bedroom house. For a flat similarly the prices varies from £66,500 for a single bedroom to £127,295 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £90,000. To sum up the asking prices for properties in Chapel Lane, Ravenshead, Nottingham, NG15 it comes to around average £79,500 for 1 bedroom property, £119,760 for 2 bedroom, £158,686 for 3 bedroom, £280,094 for 4 bedroom and £416,843 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £329 for 1 bedroom to £551 for 2 bedroom, £621 for 3 bedroom and £757 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £373. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £607. You should be generally be expecting around average £354 rent per month for single bedroom property, £577 for 2 bedroom, £621 for 3 bedroom and approximately £757 for 4 bedroom property in Chapel Lane, Ravenshead, Nottingham, NG15 area.

Popular Houses in Chapel Lane, Ravenshead, Nottingham, NG15

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Chapel Lane, Ravenshead, Nottingham, NG15