Nottingham Road, Somercotes, Alfreton, DE55

Street Guide For Nottingham Road, Somercotes, Alfreton, DE55

 

Nottingham Road, Somercotes, Alfreton, DE55 Map

Estimated Price: £95,167
Average Asking Price: £239,751
Price change in last one year: £3,699
Average Price Paid: £57,555
Average Rent Rates: £4,239

 

Property Prices Breakdown in Nottingham Road, Somercotes, Alfreton, DE55

Average Price for property in Nottingham Road, Somercotes, Alfreton, DE55 is around £95,167 which varies based on type of property you are interested in and ranges from £204,341 for detached house to around £107,732 for semi-detached. Similarly terraced house is around £68,288 and a flat is worth £44,450. Values have been changing and have risen £185 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £607 in last 6 months, £3,699 in last 1 year, £8,871 in last 2 years, £8,802 in last 3 years, £8,837 in last 4 years and £6,557 in last 5 years.

Currently average asking price of a property in Nottingham Road, Somercotes, Alfreton, DE55 is around £239,751 based on approximately 2 properties for sale. Same is the case with rental options based on 125 properties up for rent, average asking rent is around £4,239 per month.

Estimated property value in Nottingham Road, Somercotes, Alfreton, DE55 is £95,167. Average asking price is £239,751 while average price paid is £59,250 which is up by £3,699 and Avg. asking rent £4,239.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 Nottingham Road, Somercotes, Alfreton, DE55 area. In last 1 year alone average price buyer paid is around £59,250 based on approximately 2 sales in Nottingham Road, Somercotes, Alfreton, DE55 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £56,200. 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 £57,555 for 9 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £85,392 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 £73,967, £107,683 for a 2 bedroom house, £138,741 for a 3 bedroom house, £283,907 for a 4 bedroom house and £439,120 for a 5 bedroom house. For a flat similarly the prices varies from £54,225 for a single bedroom to £89,950 for a 2 bedroom Flat. To sum up the asking prices for properties in Nottingham Road, Somercotes, Alfreton, DE55 it comes to around average £62,686 for 1 bedroom property, £107,513 for 2 bedroom, £138,741 for 3 bedroom, £283,907 for 4 bedroom and £439,120 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 £410 for 1 bedroom to £433 for 2 bedrooms, £538 for 3 bedrooms, £675 for 4 bedrooms and £793 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £342. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £446. You should be generally be expecting around average £355 rent per month for single bedroom property, £434 for 2 bedroom, £538 for 3 bedroom, £675 for 4 bedroom and approximately £793 for a 5 bedroom property in Nottingham Road, Somercotes, Alfreton, DE55 area.

Popular Houses in Nottingham Road, Somercotes, Alfreton, DE55

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 Nottingham Road, Somercotes, Alfreton, DE55