Romney Avenue, Nottingham, NG8

Street Guide For Romney Avenue, Nottingham, NG8

 

Romney Avenue, Nottingham, NG8 Map

Estimated Price: £209,360
Average Asking Price: £223,131
Price change in last one year: £15,489
Average Price Paid: £202,500
Average Rent Rates: £2,516

 

Property Prices Breakdown in Romney Avenue, Nottingham, NG8

Average Price for property in Romney Avenue, Nottingham, NG8 is around £209,360 which varies based on type of property you are interested in and ranges from £222,119 for detached house to around £200,604 for semi-detached. Similarly terraced house is around £185,424. Values have been changing and have risen £610 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,026 in last 6 months, £15,489 in last 1 year, £22,911 in last 2 years, £24,687 in last 3 years, £23,461 in last 4 years and £22,252 in last 5 years.

Currently average asking price of a property in Romney Avenue, 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 Romney Avenue, Nottingham, NG8 is £209,360. Average asking price is £223,131 while average price paid is £215,000 which is up by £15,489 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 Romney Avenue, Nottingham, NG8 area. In last 1 year alone average price buyer paid is around £215,000 based on approximately 1 sales in Romney Avenue, Nottingham, NG8 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £215,000. 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 £202,500 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £187,100 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 Romney Avenue, 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 Romney Avenue, Nottingham, NG8 area.

Popular Houses in Romney Avenue, 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 Romney Avenue, Nottingham, NG8