Category: Estate Agency

Nottingham Property Prices

Posted on by Richard Cardwell

Spring is drawing to a close and Nottingham property prices are still growing.

We are still one of the top performing cities for property price growth across the UK and have been since last year.

Top 3 for property price growth

Hometrack have reported that Nottingham property prices have grown by 4.5% in the last 12 months. This puts the city in joint third place across the UK.

The cities placed higher in their report were Manchester (joint third), Liverpool and Leicester at 4.9% growth (joint second) and Glasgow at 5.1% growth.

Nottingham was also third for growth in the last 3 months. Prices rose by 2.0%, behind Oxford and Glasgow at 2.1% and Liverpool at 2.6%.

The Hometrack report also states that the average Nottingham house price is £154,500.

Market remains strong

In their latest blog, Rightmove have stated that buyer demand is extremely high. This is usually the case during spring, as more look to move in the spring and summer months than any other.

Political uncertainty also seems to be a thing of the past; The number of houses coming to the market are almost the same as last year. This means it is business as usual, despite talk of a no deal Brexit.

We are also seeing less time wasters looking to buy. People who do make offers are serious and want to move as quickly as possible. Fall through rates are dropping and the time it is taking from putting your property on the market to completion has dropped.

What does this mean for your property?

If you bought your property for £250,000 three months ago then you could have made £5,000 already!

How much is your property now worth? You can find out by booking a valuation. Call Nick and Richard on 0115 924 3304 or use the form below to submit a request.

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Walton and Allen estate agents in Nottingham provides property sales, lettings and mortgage advice. Talk to us today to see how we can help you!

Nottingham estate agents see spring price boost

Posted on by Walton & Allen

Nottingham estate agents have seen a big spring boost in the property market.

Rightmove have reported that property prices have grown by over 1% in the last month alone. This rise is the biggest month on month for over a year. It is also the largest rise at this time of year since 2016.

This growth is particularly good news with the uncertain political climate.

2019 Nottingham Property Market

The Nottingham property market has been mixed throughout 2019. Property prices have continued to steadily grow but there has been a shortage of property coming to market compared to people looking to buy. This is no doubt due to delays and problems with Brexit.

The good news is that most are deciding that they cannot hold off any longer and the Nottingham property market is now looking more positive than ever this year so far.

What does this mean for the property market?

Miles Shipside, director of Rightmove says: “This extension could give hesitating home movers encouragement that there is now a window of relative certainty in uncertain times.”

He also stated that he would expect people to take advantage of “static property prices” and “cheap fixed-rate mortgages”.

Thinking of selling your property?

Want to make the most of this property market news? Talk to our estate agents today by calling 0115 924 3304 and get a free property valuation. You can also use the form below to get in touch.

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Estate Agents Beeston – Property Valuations

Posted on by Joseph Walton

Estate Agents Beeston

Walton & Allen estate agents Beeston have recently been selling property around the Beeston and Bramcote areas with great success.

Did you know? Walton & Allen have been voted as one of the top 3 estate agents in Nottingham by ThreeBestRated. Find out how we can sell your house here.

Talk to us today to find out how much your Beeston property is worth. Call our expert Senior Valuers on 0115 924 3304 or use the form at the bottom of this page.

We operate a no sale, no fee policy so it is completely free to get a valuation if you are looking to sell your property within the next few months.

Beeston Property

Beeston is an extremely sought after area when it comes to buying property, particularly for first time buyers. There is a wide range of property available, all at varied prices. The most popular properties for sale in Beeston in the last year were semi-detached houses.

Recently we sold a property in Bramcote on Ewe Lamb Lane. This had 84 viewings and 7 offers, proving just how popular the area can be!

estate agents beeston bramcote

We also just sold a terrace house on Derby Road, very close to Beeston and Bramcote village. This had 8 viewings and sold within 14 days of coming to market! View a 360 tour of this house below. Ensure you watch through the YouTube app if you’re reading this post on mobile.

About Beeston, Nottingham

Beeston as a whole has had approximately 106 completed sales in the last 12 months according to Zoopla. House prices are also on the up by 4% over the last year and up 17% since 2007. The average sale price can vary from £59,950 up to £1.25million, with property prices increasing further in nearby Beeston Fields.

With great links to the QMC hospital and Derby, plus the A52, M1 and tram links, there is so much to offer for those living in the area.

The Beeston high street is a thriving community with shops, bars, restaurants and a local college.

Beeston Property Valuations

If you’re looking to sell your property in Beeston or Bramcote, use the below form. We provide free property valuations in Beeston, as well as property sales, lettings and Beeston mortgage advice.

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Mortgage Advice Beeston

Walton & Allen estate agents also offer initial free, independent mortgage advice. This will help you choose the best lender and hopefully the best deal for you, depending on your financial circumstances. Use the form below to book an appointment with our mortgage advisor, or to request some advice over the phone. You can also call us on 0115 924 3304.

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Beeston Landlords

If you are a Landlord with a property to let in Beeston then we are here to help. We manage properties for hundreds of Landlords which involves finding tenants, collecting rent and managing maintenance issues.

Beeston is a brilliant place for Buy To Lets as plenty of students live nearby and there is no requirement to have a Nottingham Selective License.

If you’d like to find out what we can do for you on our Landlord fully managed service then get in touch. We can also provide up to date rental valuations on any Beeston property. Just call 0115 924 3304 or use the form above.

About Walton & Allen Estate Agents Beeston

Established in 2000, Walton & Allen Estate Agents are an independent, family run sales and lettings agency. We provide property for sale, to rent, mortgage advice, block management and maintenance services across the whole of Nottinghamshire.

Our expert team has over 100 years combined property knowledge. We will always attempt to get the best possible price for your Beeston property, and sell it in as quick a time as possible to help you move.

We’re a friendly team and always happy to help!

Nottingham housing market strongest in UK

Posted on by Richard Cardwell

New figures from Zoopla reveal that the Nottingham housing market is the strongest in the UK.

The Daily Mail has reported that Nottingham property owners are selling their homes in good time and with little discounts too.

Nottingham Housing Market

According to the latest reports by Hometrack, Nottingham was joint third for growth again. Nottingham house prices grew 5.2% over the last 12 months. The city was joint third with Belfast and was just behind Manchester at 5.6% growth and Leicester at 6.1% growth.

Nottingham house price growth is also high above the rest of the UK average, which currently stands at just 3.1%!

The other great news here is that Nottingham had a below average price discount of just 2 per cent. This means that Vendors who are looking to sell their property are hardly having to accept discounted offers. Sales are also agreed quicker than average in Nottingham. The average time to achieve a sale was also less than 2 months.

nottingham housing market

Nottingham housing market remains strong

Interestingly, some of the top cities for growth last month have seen a large drop. Edinburgh, for example, registered property price growth of 6.6% last month (year on year), but has dropped to only 3.0% growth this month.

Nottingham remains resilient and has stayed strong. As mentioned, the city remains in the top three for growth across the UK.

East Midlands housing market

The East Midlands as a whole has seen growth over both the last month and the last twelve months. Rightmove report that there is a month on month increase of 0.7% and an annual  increase of 2.7%. The East Midlands is also one of the quickest areas to agree a sale in England, just behind the West Midlands.

Thoughts from our Estate Agents in Nottingham

Walton & Allen continues to sell property quickly, and at the right price. There is a huge demand for property in Nottingham and we have never seen more out of town buyers. It would seem the great value Nottingham offers is reaching investors from all overt the country. Nottingham house prices, although rising, offer fantastic value and are affordable to first time buyers. Due to the buoyant housing market in Nottingham, sellers have found there is little need to accept discounted offers. Property prices in Nottingham have seen a steady increase throughout the last three years and it seems set to continue. Now is a great time to take advantage of the growth the city has to offer.

Is now a good time to sell?

Yes. You are extremely likely to sell within a reasonable amount of time, at a price you are happy to accept. This will allow you to either climb the housing ladder or realise the value you have already accrued.

If you are looking to move then why not see how much your property is worth today, for free?

How much is your Nottingham property worth?

Find out how much your property is worth by calling us on 0115 924 3304. Alternatively, you can use the form below.

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Nottingham property prices third in country for growth

Posted on by Richard Cardwell

Nottingham property prices now third in the country for growth over the last year

Nottingham property prices growth is off to a great start in 2019. The latest report provided by Hometrack shows that at the end of the year Nottingham was third for price growth across the whole of the country.

In the last 12 months, Nottingham property prices have increased by 5.7%. The only cities with higher growth were Birmingham at 6.3% and both Manchester and Edinburgh in the top position at 6.6%.

Nottingham also saw a property price growth of 0.9% in the last month alone.

Where is the Nottingham property market heading?

In 2019, the average growth predicted across the country is 2%. Nottingham is expected to continue to outperform the majority of the country with price growth expected to be much higher.

If you’re looking to move then there is no better time than now.

Walton & Allen Estate Agents in Nottingham have seen a large rise in valuation requests already in 2019. In addition, Rightmove have released figures which state visits to their website are up 5% on the previous year. This shows that more buyers than ever are looking to find that perfect home.

Get a Nottingham property valuation

Are you wondering how much your house is now worth after the continued rise in Nottingham property prices? You can call us on 0115 924 3304 to find out, or alternatively use the form below.

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Nottingham house prices rising twice as fast as other cities

Posted on by Nick Aston

Nottingham house prices rising extremely quickly

Home owners in Nottingham are seeing their house prices rise at twice the speed of the national average. This is according to the Land Registry.

In October 2018 the average property price in Nottingham stood at £144,416 which was up 5.6% on the previous year. The average price in the county of Nottinghamshire went up by 5.2%, from £169,838  to £178,641. This was an increase of over £8,000 in a single year.

The East Midlands as a whole is currently a property hot spot. Prices are rising quicker in this area than most others in the country. The city has also recently been ranked as the best for buy to let investments across the whole of the UK.

How much is your property now worth?

If you bought a property for £150,000 in 2017, it could now be worth £158,400; a rise of £8,400. If you bought a property for £250,000 in 2017 it may be worth over £264,000. This would be an increase of £14,000.

You can find out exactly how much your house may be worth by speaking to our sales team at Walton & Allen Estate Agents Nottingham. Call them today to find out over the phone on 0115 924 3304. You can also use the form below to request an on-site valuation.

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Nottingham 2019 House Prices

Posted on by Nick Aston

Nottingham House Prices: Our Take

Nottingham has seen a great increase in house prices over 2018. It ranked top in the UK for house price growth throughout many months in 2018 and will likely continue to do so in 2019.

Nottingham was also rated as the top city for buy to let investments on a number of occasions throughout 2018.

Nottingham 2018 House Prices

At the end of 2018 Nottingham house prices sit in 5th place for growth in the last 12 months. According to Hometrack which analyses house prices at city level rather than in regional averages, prices are up 6.1%. In front in fourth place was Birmingham with 6.2%, Manchester in third at 6.3%, Edinburgh in second place at 7.4% and Leicester in first at 7.7%.

Nottingham house prices also ranked 6th throughout the UK for price growth over the last three months. This stands at 1.8% at the time of writing.

House prices in Nottingham are in a good position currently. Many who are looking to sell are doing so now whilst prices are high and before a final decision has been made on Brexit.

What does this mean for your Nottingham House?

If you bought a property for £150,000 in Autumn 2017 then it could now be worth £159,150, an increase of over £9,000. A house bought for £250,000 at around the same time could now be worth over £15,000 more! Have you made around £10,000 more on your property? Find out how much your property is worth today by calling 0115 924 3304 or by using the form below.

Nottingham House Prices

A recent report by Rightmove suggested that house prices in the north will continue to grow in 2019. Those further south, most specifically London and the surrounding commuter towns will see a large drop by up to 4%. This is good news for Nottingham home owners who could potentially see a large profit if they are now looking to sell.

Impact of Brexit

The Bank of England governor, Mark Carney, has urged people not to worry too much about Brexit. House prices will always be up and down. “We are advising people to be prudent. If you are taking out a mortgage, at some stage during the life of that mortgage, conditions will be difficult.” He also stated that a property price crash is not going to -or even likely- to take place and therefore there is no need to panic.

So, this seems to mean that there is no evidence that Nottingham house prices will be hugely affected by Brexit.

Find out how much your Nottingham property is now worth

Considering the above, are you interested in finding out how much you could have made on your Nottingham property? Call 0115 924 3304 or alternatively use the form below.

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Nottingham Property Prices Winter 2018

Posted on by James

Nottingham Property Prices

As we enter Autumn and look towards Winter 2018, we analyse current Nottingham property prices.

At the time of writing, the impact on the UK economy of a hard or ‘no deal’ Brexit has been a huge topic of debate. Despite the uncertainty, property prices are still growing, with plenty of potential further growth too.

Nottingham Property Values

Property prices have continually grown throughout the last 4 months and this month is no different. Nottingham property prices are up 1% since August and up 3.4% on the last 3 months. Prices have risen 6.9% over the last year which puts Nottingham in third place across the whole of the country for UK property price growth. If your house or flat was worth £150,000 a year ago, it could now be worth over £10,000 more!

Other cities around the UK performing well are Oxford at 1.3% growth over the last month and Belfast at 1.2% growth since last month. Birmingham also sits neck and neck with Nottingham at 1.0%.

This data is according to Hometrack.

Selling Property in the East Midlands

The East Midlands property market is still one of the strongest in England. It is the second quickest for selling time, an average of just 54 days and just behind Birmingham at 49 days. The average property price in the East Midlands is currently £224,707 according to Rightmove. Prices throughout the whole of the East Midlands area rose 4.7% over the last year, so Nottingham is well above average in the area!

How much is your Nottingham property worth?

As house prices continue to rise, how much is your property now worth?

Find out for free, with no obligation to sell. Just fill in the below form or call 0115 9243304 to talk to our Estate Agents Nottingham.

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Mortgage rates

Mortgage rates are still very low despite a rise in the Bank of England interest rate. Are you on one of the best deals possible? Compare the whole of the mortgage market for free by using the mortgage advice form below.

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A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. Think carefully before securing other debts against your home.

House Prices in Nottingham

Posted on by Richard Cardwell

House Prices in Nottingham: We top every UK city for growth

Nottingham now ranks as the top city in the UK for house price growth according to Hometrack. House prices in Nottingham have risen 7.5% in the last 12 months which puts us above Leicester at 6.6% and Liverpool at 6.3%.

Nottingham house prices are also the fastest growing in the last 3 months at 3.9%. Glasgow comes in second for the last 3 months growth at 3.3% and Leeds in third at 3.1%.

That’s not all though; Nottingham house prices were also the highest growing in the last month alone at 1.0%.

 

 

Nottingham house prices
Source: Hometrack

East Midlands Property Prices

East Midlands property prices have still had a strong increase in the last 12 months. Prices are up 3.4%.  The average house price across the area is £223,172.

What does this mean for your Nottingham Property?

As an approximate value, if you paid £150,000 for a property 12 months ago then it could be worth over £161,000. If you paid £250,000 for a property then this could now be worth around £268,000 – an increase of over £18,000!

There has not been a better time for Nottingham property price growth in years, so if you’re thinking of selling then now could be a great time to do so.

You can find out how much your property is worth by calling 0115 9243304 or by using the form below. There is no obligation to sell through Walton & Allen Estate Agents Nottingham.

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Nottingham Rental Prices

Nottingham rental prices have also grown rapidly – Prices in the East Midlands as a whole have seen the largest growth in 40 months! Find out more here and see how much rent you should be getting for your buy to let investment property.

 

Up to date Nottingham Property Prices

Posted on by Joseph Walton

Up to date Nottingham property prices – How do they compare?

Nottingham property prices have risen well over the last 12 months and they continue to grow.

The average Nottingham property price now is £149,800; up 0.4% in the last month and up 1.8% in the last 3 months. Property prices are up 5.1% in the last year. (Hometrack, June 2018 figures).

According to Rightmove, the number of properties coming to market is also up by 8.6% compared to the same month last year. This shows more home owners are confident in the housing market and are ready to sell. Miles Shipside, Rightmove Director, says ‘most regions in the middle and north of Britain have brisk market conditions where buyers eagerly soak up extra supply of suitable property coming to market, and where there is enough momentum to support an increase in prices’.

East Midlands Property Prices

The average property price in the East Midlands is up 1.5% on the previous month, now at £226,310. Compared to the previous year, East Midlands property prices are up 4.8%. Many other areas around the country are seeing a slight drop in prices and Nottingham could soon follow suit. Watch this space to find out.

The East Midlands is still seeing quick property sales at an average of 51 days, only beaten in England by the West Midlands at 46 days.

Mortgage Payment Increases

If you haven’t already heard, the Bank of England raised their base interest rate earlier this month from 0.5% to 0.75%. Several banks have already raised mortgage repayments for those on tracker or variable rate mortgages. If you are within 6 months of coming to the end of your current mortgage deal then we would certainly recommend looking at a fixed mortgage deal. This means your repayments will stay the same despite any further increases. You can find out more about this here. Talk to us today by using the form below, or calling 0115 9243304.

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A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. Think carefully before securing other debts against your home.

Selling Nottingham Property

At Walton & Allen Estate Agents Nottingham, we are determined to get the best price possible for your property in as quick a time as possible. This is why we value property at the correct market rate, to ensure stock isn’t sitting on the market for months without any interest.

Considering selling your property? Figures show now is a great time to sell. Talk to us today about how we can help you. Call 0115 9243304 or use the form below.

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