Average Price for property in Commerce Square, Nottingham, NG1 is around £196,671 e.g. average price for a flat is around 196,671. Values have been changing and have risen £1,006 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,930 in last 6 months, £13,757 in last 1 year, £20,509 in last 2 years, £22,169 in last 3 years, £19,101 in last 4 years and £17,562 in last 5 years.
Currently average asking price of a property in Commerce Square, Nottingham, NG1 is around £319,775 based on approximately 3 properties for sale. Same is the case with rental options based on 465 properties up for rent, average asking rent is around £3,237 per month.
Estimated property value in Commerce Square, Nottingham, NG1 is £196,671. Average asking price is £319,775 while average price paid is £167,166 which is up by £13,757 and Avg. asking rent £3,237.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 Commerce Square, Nottingham, NG1 area. In last 1 year alone average price buyer paid is around £167,166 based on approximately 3 sales in Commerce Square, Nottingham, NG1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £187,875. 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 £205,187 for 8 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £205,187 per sale.