Forest Road East, Nottingham, NG1

Street Guide For Forest Road East, Nottingham, NG1

 

Forest Road East, Nottingham, NG1 Map

Estimated Price: £179,906
Average Asking Price: £319,775
Price change in last one year: £12,585
Average Price Paid: £125,111
Average Rent Rates: £3,237

 

Property Prices Breakdown in Forest Road East, Nottingham, NG1

Average Price for property in Forest Road East, Nottingham, NG1 is around £179,906 which varies based on type of property you are interested in and ranges from £347,447 for detached house to around £245,277 for semi-detached. Similarly terraced house is around £274,813 and a flat is worth £41,782. Values have been changing and have risen £921 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,680 in last 6 months, £12,585 in last 1 year, £18,762 in last 2 years, £20,281 in last 3 years, £17,476 in last 4 years and £16,069 in last 5 years.

Currently average asking price of a property in Forest Road East, Nottingham, NG1 is around £319,775 based on approximately 1 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 Forest Road East, Nottingham, NG1 is £179,906. Average asking price is £319,775 while average price paid is £245,000 which is up by £12,585 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 Forest Road East, Nottingham, NG1 area. In last 1 year alone average price buyer paid is around £245,000 based on approximately 1 sales in Forest Road East, Nottingham, NG1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £198,000. 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 £125,111 for 9 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £125,111 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 2 bedroom is around £136,983, £250,000 for a 3 bedroom house, £589,167 for a 4 bedroom house and £400,000 for a 5 bedroom house. For a flat similarly the prices varies from £89,964 for a single bedroom to £159,310 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £280,000. To sum up the asking prices for properties in Forest Road East, Nottingham, NG1 it comes to around average £89,964 for 1 bedroom property, £158,405 for 2 bedroom, £274,000 for 3 bedroom, £589,167 for 4 bedroom and £400,000 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 £417 for 1 bedroom to £676 for 2 bedrooms, £873 for 3 bedrooms, £1,063 for 4 bedrooms and £1,088 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £591. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £781, £1,212 for 3 bedroom, £1,133 for 4 bedroom and around £1,183 for 5 bedroom flat. You should be generally be expecting around average £581 rent per month for single bedroom property, £780 for 2 bedroom, £1,137 for 3 bedroom, £1,108 for 4 bedroom and approximately £1,145 for a 5 bedroom property in Forest Road East, Nottingham, NG1 area.

Popular Houses in Forest Road East, Nottingham, NG1

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 Forest Road East, Nottingham, NG1