Spencer Drive, Nuthall, Nottingham, NG16

Street Guide For Spencer Drive, Nuthall, Nottingham, NG16

 

Spencer Drive, Nuthall, Nottingham, NG16 Map

Estimated Price: £393,156
Average Asking Price: £2,159,400
Price change in last one year: £19,977
Average Price Paid: £255,000
Average Rent Rates: £682

 

Property Prices Breakdown in Spencer Drive, Nuthall, Nottingham, NG16

Average Price for property in Spencer Drive, Nuthall, Nottingham, NG16 is around £393,156 which varies based on type of property you are interested in and ranges from £504,341 for detached house to around £281,972 for semi-detached. Values have been changing and have risen £28 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £805 in last 6 months, £19,977 in last 1 year, £36,308 in last 2 years, £37,736 in last 3 years, £37,068 in last 4 years and £32,236 in last 5 years.

Currently average asking price of a property in Spencer Drive, Nuthall, Nottingham, NG16 is around £2,159,400 based on approximately 0 properties for sale. Same is the case with rental options based on 81 properties up for rent, average asking rent is around £682 per month.

Estimated property value in Spencer Drive, Nuthall, Nottingham, NG16 is £393,156. Average asking price is £2,159,400 while average price paid is £255,000 which is up by £37,736 and Avg. asking rent £682.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 Spencer Drive, Nuthall, Nottingham, NG16 area. In last 3 years alone average price buyer paid is around £255,000 based on approximately 1 sales in Spencer Drive, Nuthall, Nottingham, NG16 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £255,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £334,500 for 2 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 £89,983, £111,219 for a 2 bedroom house, £151,239 for a 3 bedroom house, £251,812 for a 4 bedroom house and £342,784 for a 5 bedroom house. For a flat similarly the prices varies from £84,950 for a single bedroom to £92,287 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £72,000. To sum up the asking prices for properties in Spencer Drive, Nuthall, Nottingham, NG16 it comes to around average £87,970 for 1 bedroom property, £109,597 for 2 bedroom, £150,512 for 3 bedroom, £251,812 for 4 bedroom and £342,784 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 £491 for 2 bedroom to £594 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £355. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £467. You should be generally be expecting around average £355 rent per month for single bedroom property, £487 for 2 bedroom and approximately £594 for 3 bedroom property in Spencer Drive, Nuthall, Nottingham, NG16 area.

Popular Houses in Spencer Drive, Nuthall, Nottingham, NG16

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 Spencer Drive, Nuthall, Nottingham, NG16