Average Price for property in Summerwood Lane, Nottingham, NG11 is around £103,827 which varies based on type of property you are interested in and ranges from £111,013 for semi-detached to around £101,080 for terraced house. Values have been changing and have risen £236 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,099 in last 6 months, £6,508 in last 1 year, £10,886 in last 2 years, £13,241 in last 3 years, £11,237 in last 4 years and £11,240 in last 5 years.
Currently average asking price of a property in Summerwood Lane, Nottingham, NG11 is around £223,813 based on approximately 7 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £1,046 per month.
Estimated property value in Summerwood Lane, Nottingham, NG11 is £103,827. Average asking price is £223,813 while average price paid is £96,564 which is up by £6,508 and Avg. asking rent £1,046.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 Summerwood Lane, Nottingham, NG11 area. In last 1 year alone average price buyer paid is around £96,564 based on approximately 7 sales in Summerwood Lane, Nottingham, NG11 area alone. If you compare it to last 3 years sales of 21 properties where buyers paid around £90,783. 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 £88,867 for 38 and average amount paid for purchase of approx. 47 properties sold in last 7 years comes to about £88,881 per sale.