Drummond Avenue, Netherfield, Nottingham, NG4

Street Guide For Drummond Avenue, Netherfield, Nottingham, NG4

 

Drummond Avenue, Netherfield, Nottingham, NG4 Map

Estimated Price: £118,904
Average Asking Price: £369,656
Price change in last one year: £7,755
Average Price Paid: £90,666
Average Rent Rates: £13,138

 

Property Prices Breakdown in Drummond Avenue, Netherfield, Nottingham, NG4

Average Price for property in Drummond Avenue, Netherfield, Nottingham, NG4 is around £118,904 which varies based on type of property you are interested in and ranges from £138,888 for semi-detached to around £111,410 for terraced house. Values have been changing and have risen £781 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,324 in last 6 months, £7,755 in last 1 year, £12,340 in last 2 years, £14,383 in last 3 years, £12,803 in last 4 years and £12,581 in last 5 years.

Currently average asking price of a property in Drummond Avenue, Netherfield, Nottingham, NG4 is around £369,656 based on approximately 3 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £13,138 per month.

Estimated property value in Drummond Avenue, Netherfield, Nottingham, NG4 is £118,904. Average asking price is £369,656 while average price paid is £90,666 which is up by £7,755 and Avg. asking rent £13,138.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 Drummond Avenue, Netherfield, Nottingham, NG4 area. In last 1 year alone average price buyer paid is around £90,666 based on approximately 3 sales in Drummond Avenue, Netherfield, Nottingham, NG4 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £90,666. 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 £90,666 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £84,600 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 £94,950, £110,768 for a 2 bedroom house, £152,636 for a 3 bedroom house, £264,073 for a 4 bedroom house and £337,711 for a 5 bedroom house. For a flat similarly the prices varies from £69,992 for a single bedroom to £81,015 for a 2 bedroom Flat. To sum up the asking prices for properties in Drummond Avenue, Netherfield, Nottingham, NG4 it comes to around average £73,557 for 1 bedroom property, £101,170 for 2 bedroom, £152,636 for 3 bedroom, £264,073 for 4 bedroom and £337,711 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 £35 for 1 bedroom to £491 for 2 bedrooms, £603 for 3 bedrooms, £700 for 4 bedrooms and £1,001 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £400. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £483 and £535 for 3 bedroom. You should be generally be expecting around average £309 rent per month for single bedroom property, £488 for 2 bedroom, £580 for 3 bedroom, £700 for 4 bedroom and approximately £1,001 for a 5 bedroom property in Drummond Avenue, Netherfield, Nottingham, NG4 area.

Popular Houses in Drummond Avenue, Netherfield, Nottingham, NG4

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 Drummond Avenue, Netherfield, Nottingham, NG4