Lamcote Street, Nottingham, NG2

Street Guide For Lamcote Street, Nottingham, NG2

 

Lamcote Street, Nottingham, NG2 Map

Estimated Price: £87,621
Average Asking Price: £1,333,837
Price change in last one year: £5,517
Average Price Paid: £62,166
Average Rent Rates: £22,244

 

Property Prices Breakdown in Lamcote Street, Nottingham, NG2

Average Price for property in Lamcote Street, Nottingham, NG2 is around £87,621 which varies based on type of property you are interested in and ranges from £110,237 for semi-detached to around £85,240 for terraced house. Values have been changing and have risen £410 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,233 in last 6 months, £5,517 in last 1 year, £8,794 in last 2 years, £9,975 in last 3 years, £9,269 in last 4 years and £8,916 in last 5 years.

Currently average asking price of a property in Lamcote Street, Nottingham, NG2 is around £1,333,837 based on approximately 2 properties for sale. Same is the case with rental options based on 257 properties up for rent, average asking rent is around £22,244 per month.

Estimated property value in Lamcote Street, Nottingham, NG2 is £87,621. Average asking price is £1,333,837 while average price paid is £68,000 which is up by £5,517 and Avg. asking rent £22,244.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 Lamcote Street, Nottingham, NG2 area. In last 1 year alone average price buyer paid is around £68,000 based on approximately 2 sales in Lamcote Street, Nottingham, NG2 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £67,000. 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 £62,166 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £63,875 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 £59,950, £120,967 for a 2 bedroom house, £195,977 for a 3 bedroom house, £285,602 for a 4 bedroom house and £370,990 for a 5 bedroom house. For a flat similarly the prices varies from £99,157 for a single bedroom to £143,269 for a 2 bedroom Flat. Same is the case with 5 bedroom flat £225,000. To sum up the asking prices for properties in Lamcote Street, Nottingham, NG2 it comes to around average £97,375 for 1 bedroom property, £133,283 for 2 bedroom, £195,977 for 3 bedroom, £285,602 for 4 bedroom and £357,718 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 £338 for 1 bedroom to £567 for 2 bedrooms, £653 for 3 bedrooms, £724 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 £468. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £750, £854 for 3 bedroom and £550 for 4 bedroom. You should be generally be expecting around average £429 rent per month for single bedroom property, £669 for 2 bedroom, £722 for 3 bedroom, £717 for 4 bedroom and approximately £1,088 for a 5 bedroom property in Lamcote Street, Nottingham, NG2 area.

Popular Houses in Lamcote Street, Nottingham, NG2

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 Lamcote Street, Nottingham, NG2