Landmere Lane, Ruddington, Nottingham, NG11

Street Guide For Landmere Lane, Ruddington, Nottingham, NG11

 

Landmere Lane, Ruddington, Nottingham, NG11 Map

Estimated Price: £516,825
Average Asking Price: £223,813
Price change in last one year: £32,375
Average Price Paid: £498,750
Average Rent Rates: £1,046

 

Property Prices Breakdown in Landmere Lane, Ruddington, Nottingham, NG11

Average Price for property in Landmere Lane, Ruddington, Nottingham, NG11 is around £516,825 which varies based on type of property you are interested in and ranges from £475,980 for detached house to around £925,271 for semi-detached. Values have been changing and have risen £1,168 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,460 in last 6 months, £32,375 in last 1 year, £54,147 in last 2 years, £65,845 in last 3 years, £55,841 in last 4 years and £55,826 in last 5 years.

Currently average asking price of a property in Landmere Lane, Ruddington, Nottingham, NG11 is around £223,813 based on approximately 1 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £1,046 per month.

Estimated property value in Landmere Lane, Ruddington, Nottingham, NG11 is £516,825. Average asking price is £223,813 while average price paid is £890,000 which is up by £32,375 and Avg. asking rent £1,046.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 Landmere Lane, Ruddington, Nottingham, NG11 area. In last 1 year alone average price buyer paid is around £890,000 based on approximately 1 sales in Landmere Lane, Ruddington, Nottingham, NG11 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £515,000. 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 £498,750 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £494,000 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 £157,446, £148,467 for a 3 bedroom house, £317,903 for a 4 bedroom house and £554,991 for a 5 bedroom house. For a flat similarly the prices varies from £66,498 for a single bedroom to £143,605 for a 2 bedroom Flat. To sum up the asking prices for properties in Landmere Lane, Ruddington, Nottingham, NG11 it comes to around average £66,498 for 1 bedroom property, £152,030 for 2 bedroom, £148,467 for 3 bedroom, £317,903 for 4 bedroom and £554,991 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 £403 for 1 bedroom to £624 for 2 bedrooms, £616 for 3 bedrooms, £1,005 for 4 bedrooms and £1,621 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £471. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £637. You should be generally be expecting around average £437 rent per month for single bedroom property, £628 for 2 bedroom, £616 for 3 bedroom, £1,005 for 4 bedroom and approximately £1,621 for a 5 bedroom property in Landmere Lane, Ruddington, Nottingham, NG11 area.

Popular Houses in Landmere Lane, Ruddington, Nottingham, NG11

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 Landmere Lane, Ruddington, Nottingham, NG11