Average Price for property in Nottingham is around £169,819 which varies based on type of property you are interested in and ranges from £249,838 for detached house to around £144,092 for semi-detached. Similarly terraced house is around £108,016 and a flat is worth £126,587. Values have been changing and have risen £1,077 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,438 in last 6 months, £12,004 in last 1 year, £19,863 in last 2 years, £22,556 in last 3 years, £19,489 in last 4 years and £19,250 in last 5 years.
Currently average asking price of a property in Nottingham is around £597,057 based on approximately 9,949 properties for sale. Same is the case with rental options based on 3,476 properties up for rent, average asking rent is around £4,711 per month.
Estimated property value in Nottingham is £169,819. Average asking price is £597,057 while average price paid is £160,009 which is up by £12,004 and Avg. asking rent £4,711.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 Nottingham area. In last 1 year alone average price buyer paid is around £160,009 based on approximately 9,949 sales in Nottingham area alone. If you compare it to last 3 years sales of 28,550 properties where buyers paid around £154,764. 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 £153,333 for 45,790 and average amount paid for purchase of approx. 62,129 properties sold in last 7 years comes to about £151,730 per sale.