Average Price for property in Melksham Road, Arnold, Nottingham, NG5 is around £112,196 which varies based on type of property you are interested in and ranges from £247,458 for detached house to around £113,833 for semi-detached. Similarly terraced house is around £93,673 and a flat is worth £63,341. Values have been changing and have risen £325 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,071 in last 6 months, £6,248 in last 1 year, £11,130 in last 2 years, £12,285 in last 3 years, £11,079 in last 4 years and £11,404 in last 5 years.
Currently average asking price of a property in Melksham Road, Arnold, 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 Melksham Road, Arnold, Nottingham, NG5 is £112,196. Average asking price is £168,638 while average price paid is £115,000 which is up by £6,248 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 Melksham Road, Arnold, Nottingham, NG5 area. In last 1 year alone average price buyer paid is around £115,000 based on approximately 1 sales in Melksham Road, Arnold, Nottingham, NG5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £90,166. 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 £92,750 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £92,550 per sale.