Post Office Lane, Redmile, Nottingham, NG13

Street Guide For Post Office Lane, Redmile, Nottingham, NG13

 

Post Office Lane, Redmile, Nottingham, NG13 Map

Estimated Price: £463,599
Average Asking Price: £1,964,111
Price change in last one year: £30,534
Average Price Paid: £511,248
Average Rent Rates: £72,416

 

Property Prices Breakdown in Post Office Lane, Redmile, Nottingham, NG13

Average Price for property in Post Office Lane, Redmile, Nottingham, NG13 is around £463,599 which varies based on type of property you are interested in and ranges from £464,909 for detached house to around £462,028 for semi-detached. Values have been changing and have risen £2,468 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,724 in last 6 months, £30,534 in last 1 year, £49,104 in last 2 years, £56,557 in last 3 years, £46,411 in last 4 years and £47,198 in last 5 years.

Currently average asking price of a property in Post Office Lane, Redmile, Nottingham, NG13 is around £1,964,111 based on approximately 1 properties for sale. Same is the case with rental options based on 49 properties up for rent, average asking rent is around £72,416 per month.

Estimated property value in Post Office Lane, Redmile, Nottingham, NG13 is £463,599. Average asking price is £1,964,111 while average price paid is £249,995 which is up by £30,534 and Avg. asking rent £72,416.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 Post Office Lane, Redmile, Nottingham, NG13 area. In last 1 year alone average price buyer paid is around £249,995 based on approximately 1 sales in Post Office Lane, Redmile, Nottingham, NG13 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £447,497. 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 £511,248 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £419,415 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 £119,000, £169,985 for a 2 bedroom house, £265,860 for a 3 bedroom house, £417,068 for a 4 bedroom house and £571,171 for a 5 bedroom house. For a flat similarly the prices varies from £55,000 for a single bedroom to £100,967 for a 2 bedroom Flat. To sum up the asking prices for properties in Post Office Lane, Redmile, Nottingham, NG13 it comes to around average £87,000 for 1 bedroom property, £157,806 for 2 bedroom, £265,860 for 3 bedroom, £417,068 for 4 bedroom and £571,171 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 £477 for 1 bedroom to £585 for 2 bedroom, £703 for 3 bedroom and £1,277 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £511. You should be generally be expecting around average £477 rent per month for single bedroom property, £556 for 2 bedroom, £703 for 3 bedroom and approximately £1,277 for 4 bedroom property in Post Office Lane, Redmile, Nottingham, NG13 area.

Popular Houses in Post Office Lane, Redmile, Nottingham, NG13

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 Post Office Lane, Redmile, Nottingham, NG13