Park Lane, Lambley, Nottingham, NG4

Street Guide For Park Lane, Lambley, Nottingham, NG4

 

Park Lane, Lambley, Nottingham, NG4 Map

Estimated Price: £362,692
Average Asking Price: £369,656
Price change in last one year: £23,646
Average Price Paid: £330,000
Average Rent Rates: £13,138

 

Property Prices Breakdown in Park Lane, Lambley, Nottingham, NG4

Average Price for property in Park Lane, Lambley, Nottingham, NG4 is around £362,692 which varies based on type of property you are interested in and ranges from £432,611 for detached house to around £310,096 for semi-detached. Similarly terraced house is around £249,152. Values have been changing and have risen £2,381 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,085 in last 6 months, £23,646 in last 1 year, £37,619 in last 2 years, £43,841 in last 3 years, £39,015 in last 4 years and £38,324 in last 5 years.

Currently average asking price of a property in Park Lane, Lambley, Nottingham, NG4 is around £369,656 based on approximately 0 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £13,138 per month.

Estimated property value in Park Lane, Lambley, Nottingham, NG4 is £362,692. Average asking price is £369,656 while average price paid is £180,000 which is up by £43,841 and Avg. asking rent £13,138.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 Lane, Lambley, Nottingham, NG4 area. In last 3 years alone average price buyer paid is around £180,000 based on approximately 1 sales in Park Lane, Lambley, Nottingham, NG4 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £330,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £330,000 for 2 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 £94,950, £110,768 for a 2 bedroom house, £152,636 for a 3 bedroom house, £264,073 for a 4 bedroom house and £337,711 for a 5 bedroom house. For a flat similarly the prices varies from £69,992 for a single bedroom to £81,015 for a 2 bedroom Flat. To sum up the asking prices for properties in Park Lane, Lambley, Nottingham, NG4 it comes to around average £73,557 for 1 bedroom property, £101,170 for 2 bedroom, £152,636 for 3 bedroom, £264,073 for 4 bedroom and £337,711 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 £35 for 1 bedroom to £491 for 2 bedrooms, £603 for 3 bedrooms, £700 for 4 bedrooms and £1,001 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £400. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £483 and £535 for 3 bedroom. You should be generally be expecting around average £309 rent per month for single bedroom property, £488 for 2 bedroom, £580 for 3 bedroom, £700 for 4 bedroom and approximately £1,001 for a 5 bedroom property in Park Lane, Lambley, Nottingham, NG4 area.

Popular Houses in Park Lane, Lambley, Nottingham, NG4

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 Park Lane, Lambley, Nottingham, NG4