Melton Road, Tollerton, Nottingham, NG12

Street Guide For Melton Road, Tollerton, Nottingham, NG12

 

Melton Road, Tollerton, Nottingham, NG12 Map

Estimated Price: £354,286
Average Asking Price: £365,726
Price change in last one year: £17,332
Average Price Paid: £283,277
Average Rent Rates: £1,576

 

Property Prices Breakdown in Melton Road, Tollerton, Nottingham, NG12

Average Price for property in Melton Road, Tollerton, Nottingham, NG12 is around £354,286 which varies based on type of property you are interested in and ranges from £357,615 for detached house to around £254,419 for semi-detached. Values have been changing and have risen £735 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,023 in last 6 months, £17,332 in last 1 year, £33,538 in last 2 years, £39,460 in last 3 years, £27,174 in last 4 years and £32,122 in last 5 years.

Currently average asking price of a property in Melton Road, Tollerton, Nottingham, NG12 is around £365,726 based on approximately 2 properties for sale. Same is the case with rental options based on 46 properties up for rent, average asking rent is around £1,576 per month.

Estimated property value in Melton Road, Tollerton, Nottingham, NG12 is £354,286. Average asking price is £365,726 while average price paid is £284,000 which is up by £17,332 and Avg. asking rent £1,576.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 Melton Road, Tollerton, Nottingham, NG12 area. In last 1 year alone average price buyer paid is around £284,000 based on approximately 2 sales in Melton Road, Tollerton, Nottingham, NG12 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £275,750. 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 £283,277 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £296,993 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 £98,332, £162,847 for a 2 bedroom house, £234,822 for a 3 bedroom house, £366,097 for a 4 bedroom house and £670,988 for a 5 bedroom house. For a flat similarly the prices varies from £73,780 for a single bedroom to £181,868 for a 2 bedroom Flat. To sum up the asking prices for properties in Melton Road, Tollerton, Nottingham, NG12 it comes to around average £82,987 for 1 bedroom property, £169,187 for 2 bedroom, £234,822 for 3 bedroom, £366,097 for 4 bedroom and £670,988 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 £549 for 1 bedroom to £609 for 2 bedroom, £745 for 3 bedroom and £1,310 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £577. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £508. You should be generally be expecting around average £565 rent per month for single bedroom property, £549 for 2 bedroom, £745 for 3 bedroom and approximately £1,310 for 4 bedroom property in Melton Road, Tollerton, Nottingham, NG12 area.

Popular Houses in Melton Road, Tollerton, Nottingham, NG12

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 Melton Road, Tollerton, Nottingham, NG12