Lancaster Road, Bestwood Village, Nottingham, NG6

Street Guide For Lancaster Road, Bestwood Village, Nottingham, NG6

 

Lancaster Road, Bestwood Village, Nottingham, NG6 Map

Estimated Price: £115,432
Average Asking Price: £224,165
Price change in last one year: £8,577
Average Price Paid: £108,400
Average Rent Rates: £6,660

 

Property Prices Breakdown in Lancaster Road, Bestwood Village, Nottingham, NG6

Average Price for property in Lancaster Road, Bestwood Village, Nottingham, NG6 is around £115,432 which varies based on type of property you are interested in and ranges from £110,682 for semi-detached to around £117,807 for terraced house. Values have been changing and have risen £340 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,130 in last 6 months, £8,577 in last 1 year, £12,610 in last 2 years, £14,584 in last 3 years, £12,396 in last 4 years and £11,088 in last 5 years.

Currently average asking price of a property in Lancaster Road, Bestwood Village, Nottingham, NG6 is around £224,165 based on approximately 0 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 Lancaster Road, Bestwood Village, Nottingham, NG6 is £115,432. Average asking price is £224,165 while average price paid is £86,500 which is up by £14,584 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 Lancaster Road, Bestwood Village, Nottingham, NG6 area. In last 3 years alone average price buyer paid is around £86,500 based on approximately 2 sales in Lancaster Road, Bestwood Village, Nottingham, NG6 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £108,400. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £108,400 for 5 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, £91,912 for a 2 bedroom house, £128,477 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 Lancaster Road, Bestwood Village, Nottingham, NG6 it comes to around average £59,982 for 1 bedroom property, £91,973 for 2 bedroom, £128,477 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 Lancaster Road, Bestwood Village, Nottingham, NG6 area.

Popular Houses in Lancaster Road, Bestwood Village, 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 Lancaster Road, Bestwood Village, Nottingham, NG6