Average Price for property in Derwent Terrace, Sherwood, Nottingham, NG5 is around £95,552 e.g. average price for terraced house is around 95,552. Values have been changing and have risen £277 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £912 in last 6 months, £5,322 in last 1 year, £9,481 in last 2 years, £10,466 in last 3 years, £9,438 in last 4 years and £9,715 in last 5 years.
Currently average asking price of a property in Derwent Terrace, Sherwood, Nottingham, NG5 is around £168,384 based on approximately 2 properties for sale. Same is the case with rental options based on 154 properties up for rent, average asking rent is around £860 per month.
Estimated property value in Derwent Terrace, Sherwood, Nottingham, NG5 is £95,552. Average asking price is £168,384 while average price paid is £98,650 which is up by £5,322 and Avg. asking rent £860.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 Derwent Terrace, Sherwood, Nottingham, NG5 area. In last 1 year alone average price buyer paid is around £98,650 based on approximately 2 sales in Derwent Terrace, Sherwood, Nottingham, NG5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £75,360. 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 £73,466 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £73,466 per sale.