Average Price for property in Lorimer Avenue, Gedling, Nottingham, NG4 is around £184,874 which varies based on type of property you are interested in and ranges from £200,557 for detached house to around £163,447 for semi-detached. Similarly terraced house is around £128,813. Values have been changing and have risen £1,215 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,614 in last 6 months, £12,057 in last 1 year, £19,183 in last 2 years, £22,356 in last 3 years, £19,902 in last 4 years and £19,552 in last 5 years.
Currently average asking price of a property in Lorimer Avenue, Gedling, Nottingham, NG4 is around £371,825 based on approximately 1 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £12,958 per month.
Estimated property value in Lorimer Avenue, Gedling, Nottingham, NG4 is £184,874. Average asking price is £371,825 while average price paid is £122,500 which is up by £12,057 and Avg. asking rent £12,958.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 Lorimer Avenue, Gedling, Nottingham, NG4 area. In last 1 year alone average price buyer paid is around £122,500 based on approximately 1 sales in Lorimer Avenue, Gedling, Nottingham, NG4 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £161,741. 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 £162,245 for 10 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £160,363 per sale.