Values have been changing and have risen £275 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £904 in last 6 months, £5,273 in last 1 year, £9,393 in last 2 years, £10,370 in last 3 years, £9,352 in last 4 years and £9,629 in last 5 years.
Currently average asking price of a property in Gedling Grove, Arnold, Nottingham, NG5 is around £168,638 based on approximately 1 properties for sale. Same is the case with rental options based on 155 properties up for rent, average asking rent is around £858 per month.
Estimated property value in Gedling Grove, Arnold, Nottingham, NG5 is £94,660. Average asking price is £168,638 while average price paid is £100,000 which is up by £5,273 and Avg. asking rent £858.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 Gedling Grove, Arnold, Nottingham, NG5 area. In last 1 year alone average price buyer paid is around £100,000 based on approximately 1 sales in Gedling Grove, Arnold, Nottingham, NG5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £96,666. 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 £96,666 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £96,666 per sale.