Meadow Lane, Nottingham, NG2

Street Guide For Meadow Lane, Nottingham, NG2

 

Meadow Lane, Nottingham, NG2 Map

Estimated Price: £96,390
Average Asking Price: £1,333,837
Price change in last one year: £6,067
Average Price Paid: £80,741
Average Rent Rates: £22,244

 

Property Prices Breakdown in Meadow Lane, Nottingham, NG2

Average Price for property in Meadow Lane, Nottingham, NG2 is around £96,390 which varies based on type of property you are interested in and ranges from £159,851 for detached house to around £101,958 for semi-detached. Similarly terraced house is around £88,361. Values have been changing and have risen £451 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,355 in last 6 months, £6,067 in last 1 year, £9,671 in last 2 years, £10,970 in last 3 years, £10,192 in last 4 years and £9,802 in last 5 years.

Currently average asking price of a property in Meadow Lane, Nottingham, NG2 is around £1,333,837 based on approximately 1 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 Meadow Lane, Nottingham, NG2 is £96,390. Average asking price is £1,333,837 while average price paid is £78,000 which is up by £6,067 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 Meadow Lane, Nottingham, NG2 area. In last 1 year alone average price buyer paid is around £78,000 based on approximately 1 sales in Meadow Lane, Nottingham, NG2 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £74,000. 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 £80,741 for 6 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £84,877 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 Meadow Lane, 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 Meadow Lane, Nottingham, NG2 area.

Popular Houses in Meadow Lane, 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 Meadow Lane, Nottingham, NG2