Average Price for property in The Hemplands, Collingham, Newark, NG23 is around £213,676 e.g. average price for detached house is around 213,676. Values have been changing and have risen £297 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,714 in last 6 months, £12,468 in last 1 year, £22,970 in last 2 years, £24,230 in last 3 years, £24,696 in last 4 years and £18,974 in last 5 years.
Currently average asking price of a property in The Hemplands, Collingham, Newark, NG23 is around £348,806 based on approximately 2 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £866 per month.
Estimated property value in The Hemplands, Collingham, Newark, NG23 is £213,676. Average asking price is £348,806 while average price paid is £195,500 which is up by £12,468 and Avg. asking rent £866.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 Hemplands, Collingham, Newark, NG23 area. In last 1 year alone average price buyer paid is around £195,500 based on approximately 2 sales in The Hemplands, Collingham, Newark, NG23 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £176,375. 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 £173,600 for 10 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £173,600 per sale.