Values have been changing and have risen £300 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £993 in last 6 months, £7,536 in last 1 year, £11,079 in last 2 years, £12,816 in last 3 years, £10,896 in last 4 years and £9,750 in last 5 years.
Currently average asking price of a property in Park Road, Bestwood Village, Nottingham, NG6 is around £224,165 based on approximately 13 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £6,660 per month.
Estimated property value in Park Road, Bestwood Village, Nottingham, NG6 is £101,413. Average asking price is £224,165 while average price paid is £111,430 which is up by £7,536 and Avg. asking rent £6,660.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 Road, Bestwood Village, Nottingham, NG6 area. In last 1 year alone average price buyer paid is around £111,430 based on approximately 13 sales in Park Road, Bestwood Village, Nottingham, NG6 area alone. If you compare it to last 3 years sales of 18 properties where buyers paid around £100,422. 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 £99,076 for 21 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £99,178 per sale.