Average Price for property in Park Terrace, Nottingham, NG1 is around £439,275 which varies based on type of property you are interested in and ranges from £620,150 for detached house to around £745,691 for semi-detached. Similarly terraced house is around £447,577 and a flat is worth £279,980. Values have been changing and have risen £2,245 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,540 in last 6 months, £30,719 in last 1 year, £45,795 in last 2 years, £49,497 in last 3 years, £42,636 in last 4 years and £39,190 in last 5 years.
Currently average asking price of a property in Park Terrace, Nottingham, NG1 is around £319,775 based on approximately 1 properties for sale. Same is the case with rental options based on 465 properties up for rent, average asking rent is around £3,237 per month.
Estimated property value in Park Terrace, Nottingham, NG1 is £439,275. Average asking price is £319,775 while average price paid is £875,000 which is up by £30,719 and Avg. asking rent £3,237.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 Terrace, Nottingham, NG1 area. In last 1 year alone average price buyer paid is around £875,000 based on approximately 1 sales in Park Terrace, Nottingham, NG1 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £403,000. 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 £423,600 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £411,034 per sale.