Average Price for property in The Ropewalk, Nottingham, NG1 is around £254,558 which varies based on type of property you are interested in and ranges from £743,818 for detached house to around £769,626 for semi-detached. Similarly terraced house is around £404,032 and a flat is worth £220,085. Values have been changing and have risen £1,302 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,793 in last 6 months, £17,806 in last 1 year, £26,545 in last 2 years, £28,692 in last 3 years, £24,720 in last 4 years and £22,724 in last 5 years.
Currently average asking price of a property in The Ropewalk, Nottingham, NG1 is around £319,775 based on approximately 11 properties for sale. Same is the case with rental options based on 465 properties up for rent, average asking rent is around £3,237 per month.
Estimated property value in The Ropewalk, Nottingham, NG1 is £254,558. Average asking price is £319,775 while average price paid is £243,818 which is up by £17,806 and Avg. asking rent £3,237.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 Ropewalk, Nottingham, NG1 area. In last 1 year alone average price buyer paid is around £243,818 based on approximately 11 sales in The Ropewalk, Nottingham, NG1 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £234,000. 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 £250,200 for 20 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £236,807 per sale.