Average Price for property in Monsell Drive, Redhill, Nottingham, NG5 is around £221,431 e.g. average price for detached house is around 221,431. Values have been changing and have risen £640 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,110 in last 6 months, £12,324 in last 1 year, £21,956 in last 2 years, £24,232 in last 3 years, £21,845 in last 4 years and £22,481 in last 5 years.
Currently average asking price of a property in Monsell Drive, Redhill, Nottingham, NG5 is around £168,638 based on approximately 1 properties for sale. Same is the case with rental options based on 155 properties up for rent, average asking rent is around £858 per month.
Estimated property value in Monsell Drive, Redhill, Nottingham, NG5 is £221,431. Average asking price is £168,638 while average price paid is £237,000 which is up by £12,324 and Avg. asking rent £858.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 Monsell Drive, Redhill, Nottingham, NG5 area. In last 1 year alone average price buyer paid is around £237,000 based on approximately 1 sales in Monsell Drive, Redhill, Nottingham, NG5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £195,333. 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 £198,500 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £201,000 per sale.