Monks Lane, Gotham, Nottingham, NG11

Street Guide For Monks Lane, Gotham, Nottingham, NG11

 

Monks Lane, Gotham, Nottingham, NG11 Map

Estimated Price: £177,926
Average Asking Price: £223,847
Price change in last one year: £11,151
Average Price Paid: £151,000
Average Rent Rates: £1,068

 

Property Prices Breakdown in Monks Lane, Gotham, Nottingham, NG11

Average Price for property in Monks Lane, Gotham, Nottingham, NG11 is around £177,926 which varies based on type of property you are interested in and ranges from £193,667 for detached house to around £162,186 for terraced house. Values have been changing and have risen £404 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,883 in last 6 months, £11,151 in last 1 year, £18,651 in last 2 years, £22,681 in last 3 years, £19,241 in last 4 years and £19,240 in last 5 years.

Currently average asking price of a property in Monks Lane, Gotham, Nottingham, NG11 is around £223,847 based on approximately 1 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £1,068 per month.

Estimated property value in Monks Lane, Gotham, Nottingham, NG11 is £177,926. Average asking price is £223,847 while average price paid is £153,000 which is up by £11,151 and Avg. asking rent £1,068.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 Monks Lane, Gotham, Nottingham, NG11 area. In last 1 year alone average price buyer paid is around £153,000 based on approximately 1 sales in Monks Lane, Gotham, Nottingham, NG11 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £153,000. 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 £151,000 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £159,000 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 Monks Lane, Gotham, 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 £642 for 2 bedrooms, £615 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 £494. 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 £439 rent per month for single bedroom property, £640 for 2 bedroom, £615 for 3 bedroom, £1,005 for 4 bedroom and approximately £1,621 for a 5 bedroom property in Monks Lane, Gotham, Nottingham, NG11 area.

Popular Houses in Monks Lane, Gotham, 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 Monks Lane, Gotham, Nottingham, NG11