Fenroth Close, Nottingham, NG6

Street Guide For Fenroth Close, Nottingham, NG6

 

Fenroth Close, Nottingham, NG6 Map

Estimated Price: £119,243
Average Asking Price: £224,165
Price change in last one year: £8,861
Average Price Paid: £98,900
Average Rent Rates: £6,660

 

Property Prices Breakdown in Fenroth Close, Nottingham, NG6

Average Price for property in Fenroth Close, Nottingham, NG6 is around £119,243 which varies based on type of property you are interested in and ranges from £175,391 for detached house to around £115,500 for semi-detached. Values have been changing and have risen £351 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,166 in last 6 months, £8,861 in last 1 year, £13,029 in last 2 years, £15,068 in last 3 years, £12,808 in last 4 years and £11,460 in last 5 years.

Currently average asking price of a property in Fenroth Close, Nottingham, NG6 is around £224,165 based on approximately 2 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £6,660 per month.

Estimated property value in Fenroth Close, Nottingham, NG6 is £119,243. Average asking price is £224,165 while average price paid is £100,500 which is up by £8,861 and Avg. asking rent £6,660.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 Fenroth Close, Nottingham, NG6 area. In last 1 year alone average price buyer paid is around £100,500 based on approximately 2 sales in Fenroth Close, Nottingham, NG6 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £95,333. 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 £98,900 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £98,083 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 £60,000, £92,267 for a 2 bedroom house, £129,220 for a 3 bedroom house, £174,714 for a 4 bedroom house and £162,500 for a 5 bedroom house. For a flat similarly the prices varies from £59,972 for a single bedroom to £95,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Fenroth Close, Nottingham, NG6 it comes to around average £59,982 for 1 bedroom property, £92,319 for 2 bedroom, £129,220 for 3 bedroom, £174,714 for 4 bedroom and £162,500 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 £477 for 1 bedroom to £489 for 2 bedroom, £516 for 3 bedroom and £685 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £414. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £485 and £550 for 3 bedroom. You should be generally be expecting around average £425 rent per month for single bedroom property, £489 for 2 bedroom, £519 for 3 bedroom and approximately £685 for 4 bedroom property in Fenroth Close, Nottingham, NG6 area.

Popular Houses in Fenroth Close, Nottingham, NG6

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 Fenroth Close, Nottingham, NG6