Average Price for property in Redmile Road, Nottingham, NG8 is around £77,453 which varies based on type of property you are interested in and ranges from £78,864 for semi-detached to around £75,806 for terraced house. Values have been changing and have risen £227 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £751 in last 6 months, £5,733 in last 1 year, £8,483 in last 2 years, £9,145 in last 3 years, £8,695 in last 4 years and £8,251 in last 5 years.
Currently average asking price of a property in Redmile Road, Nottingham, NG8 is around £223,131 based on approximately 1 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 Redmile Road, Nottingham, NG8 is £77,453. Average asking price is £223,131 while average price paid is £62,000 which is up by £5,733 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 Redmile Road, Nottingham, NG8 area. In last 1 year alone average price buyer paid is around £62,000 based on approximately 1 sales in Redmile Road, Nottingham, NG8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £58,916. 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 £58,916 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £58,916 per sale.