Russell Avenue, Wollaton, Nottingham, NG8

Street Guide For Russell Avenue, Wollaton, Nottingham, NG8

 

Russell Avenue, Wollaton, Nottingham, NG8 Map

Estimated Price: £206,126
Average Asking Price: £222,979
Price change in last one year: £15,251
Average Price Paid: £186,285
Average Rent Rates: £2,490

 

Property Prices Breakdown in Russell Avenue, Wollaton, Nottingham, NG8

Average Price for property in Russell Avenue, Wollaton, Nottingham, NG8 is around £206,126 which varies based on type of property you are interested in and ranges from £220,473 for detached house to around £189,731 for semi-detached. Values have been changing and have risen £601 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,995 in last 6 months, £15,251 in last 1 year, £22,559 in last 2 years, £24,309 in last 3 years, £23,102 in last 4 years and £21,912 in last 5 years.

Currently average asking price of a property in Russell Avenue, Wollaton, Nottingham, NG8 is around £222,979 based on approximately 3 properties for sale. Same is the case with rental options based on 152 properties up for rent, average asking rent is around £2,490 per month.

Estimated property value in Russell Avenue, Wollaton, Nottingham, NG8 is £206,126. Average asking price is £222,979 while average price paid is £191,000 which is up by £15,251 and Avg. asking rent £2,490.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 Russell Avenue, Wollaton, Nottingham, NG8 area. In last 1 year alone average price buyer paid is around £191,000 based on approximately 3 sales in Russell Avenue, Wollaton, Nottingham, NG8 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £191,375. 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 £186,285 for 14 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £189,146 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 £143,284, £145,577 for a 3 bedroom house, £322,709 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 Russell Avenue, Wollaton, Nottingham, NG8 it comes to around average £98,750 for 1 bedroom property, £133,540 for 2 bedroom, £143,893 for 3 bedroom, £322,709 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 £514 for 2 bedrooms, £671 for 3 bedrooms, £918 for 4 bedrooms and £875 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £481. 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 £479 rent per month for single bedroom property, £508 for 2 bedroom, £665 for 3 bedroom, £918 for 4 bedroom and approximately £875 for a 5 bedroom property in Russell Avenue, Wollaton, Nottingham, NG8 area.

Popular Houses in Russell Avenue, Wollaton, 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 Russell Avenue, Wollaton, Nottingham, NG8