Ranelagh Grove, Nottingham, NG8

Street Guide For Ranelagh Grove, Nottingham, NG8

 

Ranelagh Grove, Nottingham, NG8 Map

Estimated Price: £202,036
Average Asking Price: £223,131
Price change in last one year: £14,947
Average Price Paid: £185,647
Average Rent Rates: £2,516

 

Property Prices Breakdown in Ranelagh Grove, Nottingham, NG8

Average Price for property in Ranelagh Grove, Nottingham, NG8 is around £202,036 which varies based on type of property you are interested in and ranges from £201,662 for detached house to around £208,310 for semi-detached. Similarly terraced house is around £203,652. Values have been changing and have risen £589 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,956 in last 6 months, £14,947 in last 1 year, £22,111 in last 2 years, £23,826 in last 3 years, £22,644 in last 4 years and £21,477 in last 5 years.

Currently average asking price of a property in Ranelagh Grove, Nottingham, NG8 is around £223,131 based on approximately 2 properties for sale. Same is the case with rental options based on 150 properties up for rent, average asking rent is around £2,516 per month.

Estimated property value in Ranelagh Grove, Nottingham, NG8 is £202,036. Average asking price is £223,131 while average price paid is £190,500 which is up by £14,947 and Avg. asking rent £2,516.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 Ranelagh Grove, Nottingham, NG8 area. In last 1 year alone average price buyer paid is around £190,500 based on approximately 2 sales in Ranelagh Grove, Nottingham, NG8 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £187,388. 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 £185,647 for 17 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £180,343 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 2 bedroom is around £143,359, £145,577 for a 3 bedroom house, £323,384 for a 4 bedroom house and £353,099 for a 5 bedroom house. For a flat similarly the prices varies from £98,750 for a single bedroom to £86,214 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £88,317. To sum up the asking prices for properties in Ranelagh Grove, Nottingham, NG8 it comes to around average £98,750 for 1 bedroom property, £133,602 for 2 bedroom, £143,893 for 3 bedroom, £323,384 for 4 bedroom and £353,099 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 £517 for 2 bedrooms, £666 for 3 bedrooms, £904 for 4 bedrooms and £915 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £477. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £493 and £522 for 3 bedroom. You should be generally be expecting around average £477 rent per month for single bedroom property, £511 for 2 bedroom, £660 for 3 bedroom, £904 for 4 bedroom and approximately £915 for a 5 bedroom property in Ranelagh Grove, Nottingham, NG8 area.

Popular Houses in Ranelagh Grove, Nottingham, NG8

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 Ranelagh Grove, Nottingham, NG8