Values have been changing and have risen £1,111 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,136 in last 6 months, £5,794 in last 1 year, £5,268 in last 2 years, £5,565 in last 3 years, £6,325 in last 4 years and £9,721 in last 5 years.
Currently average asking price of a property in Park Crescent, Nottingham, NG8 is around £176,080 based on approximately 3 properties for sale. Same is the case with rental options based on 107 properties up for rent, average asking rent is around £586 per month.
Estimated property value in Park Crescent, Nottingham, NG8 is £121,466. Average asking price is £176,080 while average price paid is £115,666 which is up by £5,794 and Avg. asking rent £586.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 Park Crescent, Nottingham, NG8 area. In last 1 year alone average price buyer paid is around £115,666 based on approximately 3 sales in Park Crescent, Nottingham, NG8 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £111,928. 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 £111,928 for 7 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £115,666 per sale.