Average Price for property in Thorn Drive, Newthorpe, Nottingham, NG16 is around £153,268 e.g. average price for detached house is around 153,268. Values have been changing and have risen £11 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £314 in last 6 months, £7,790 in last 1 year, £14,160 in last 2 years, £14,720 in last 3 years, £14,462 in last 4 years and £12,581 in last 5 years.
Currently average asking price of a property in Thorn Drive, Newthorpe, Nottingham, NG16 is around £2,159,400 based on approximately 3 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 Thorn Drive, Newthorpe, Nottingham, NG16 is £153,268. Average asking price is £2,159,400 while average price paid is £162,500 which is up by £7,790 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 Thorn Drive, Newthorpe, Nottingham, NG16 area. In last 1 year alone average price buyer paid is around £162,500 based on approximately 3 sales in Thorn Drive, Newthorpe, Nottingham, NG16 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £149,100. 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 £139,250 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £143,625 per sale.