Area Guide For Nelson

England /ˈɪŋɡlənd/ is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, while the North Sea to the east and the English Channel to the south separate it from continental Europe. Most of England comprises the central and southern part of the island of Great Britain in the North Atlantic. The country also includes over 100 smaller islands such as the Isles of Scilly and the Isle of Wight. The area now called England was first inhabited by modern humans during the Upper Palaeolithic period, but it takes its name from the Angles, one of the Germanic tribes who settled during the 5th and 6th centuries. England became a unified state in AD 927, and since the Age of Discovery, which began during the 15th century, has had a significant cultural and legal impact on the wider world. The English language, the Anglican Church, and English law—the basis for the common law legal systems of many other countries around the world—developed in England, and the country's parliamentary system of government has been widely adopted by other nations. The Industrial

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Estimated Price: £105,087
Average Asking Price: £99,901
Price change in last one year: £6,043
Average Price Paid: £88,653
Average Rent Rates: £374


Property Prices Breakdown in Nelson

Average Price for property in Nelson is around £105,087 which varies based on type of property you are interested in and ranges from £250,408 for detached house to around £126,426 for semi-detached. Similarly terraced house is around £70,069 and a flat is worth £114,658. Values have been changing and have risen £317 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,145 in last 6 months, £6,043 in last 1 year, £8,198 in last 2 years, £9,225 in last 3 years, £6,549 in last 4 years and £4,278 in last 5 years.

Currently average asking price of a property in Nelson is around £99,901 based on approximately 432 properties for sale. Same is the case with rental options based on 88 properties up for rent, average asking rent is around £374 per month.

Estimated property value in Nelson is £105,087. Average asking price is £99,901 while average price paid is £88,436 which is up by £6,043 and Avg. asking rent £374.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 Nelson area. In last 1 year alone average price buyer paid is around £88,436 based on approximately 432 sales in Nelson area alone. If you compare it to last 3 years sales of 1,364 properties where buyers paid around £88,977. 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 £88,653 for 2,223 and average amount paid for purchase of approx. 3,239 properties sold in last 7 years comes to about £92,171 per sale.


Properties For Sale in Nelson


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 £214,707, £62,039 for a 2 bedroom house, £100,148 for a 3 bedroom house, £185,181 for a 4 bedroom house and £271,238 for a 5 bedroom house. For a flat similarly the prices varies from £56,475 for a single bedroom to £104,975 for a 2 bedroom Flat. To sum up the asking prices for properties in Nelson it comes to around average £179,544 for 1 bedroom property, £62,889 for 2 bedroom, £100,148 for 3 bedroom, £185,181 for 4 bedroom and £271,238 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 £400 for 1 bedroom to £352 for 2 bedroom, £401 for 3 bedroom and £568 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £341. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £293. You should be generally be expecting around average £363 rent per month for single bedroom property, £350 for 2 bedroom, £401 for 3 bedroom and approximately £568 for 4 bedroom property in Nelson area.

Popular Houses in Nelson

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.

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