Average Price for property in The Cedars, Nottingham, NG5 is around £113,887 which varies based on type of property you are interested in and ranges from £122,022 for semi-detached to around £113,632 for a flat. Values have been changing and have risen £330 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,087 in last 6 months, £6,342 in last 1 year, £11,297 in last 2 years, £12,470 in last 3 years, £11,246 in last 4 years and £11,574 in last 5 years.
Currently average asking price of a property in The Cedars, Nottingham, NG5 is around £168,638 based on approximately 1 properties for sale. Same is the case with rental options based on 155 properties up for rent, average asking rent is around £858 per month.
Estimated property value in The Cedars, Nottingham, NG5 is £113,887. Average asking price is £168,638 while average price paid is £87,000 which is up by £6,342 and Avg. asking rent £858.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 The Cedars, Nottingham, NG5 area. In last 1 year alone average price buyer paid is around £87,000 based on approximately 1 sales in The Cedars, Nottingham, NG5 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £96,214. 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 £87,437 for 16 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £87,058 per sale.