Average Price for property in Merchant Street, Bulwell, Nottingham, NG6 is around £70,879 which varies based on type of property you are interested in and ranges from £103,242 for detached house to around £75,276 for semi-detached. Similarly terraced house is around £69,349. Values have been changing and have risen £210 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £695 in last 6 months, £5,270 in last 1 year, £7,747 in last 2 years, £8,961 in last 3 years, £7,622 in last 4 years and £6,823 in last 5 years.
Currently average asking price of a property in Merchant Street, Bulwell, Nottingham, NG6 is around £224,165 based on approximately 3 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 Merchant Street, Bulwell, Nottingham, NG6 is £70,879. Average asking price is £224,165 while average price paid is £60,250 which is up by £5,270 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 Merchant Street, Bulwell, Nottingham, NG6 area. In last 1 year alone average price buyer paid is around £60,250 based on approximately 3 sales in Merchant Street, Bulwell, Nottingham, NG6 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £56,250. 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 £54,652 for 18 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £61,212 per sale.