Nottingham house prices rising twice as fast as other cities

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

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

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

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

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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Nottingham Property Prices Rise Again

Nottingham property prices rise by 1%

Nottingham property prices are on the up as they rise by 1% in the latest report provided by Hometrack. The report also states that prices have risen by 2.8% over the last 3 months and a large 6.5% in the last 12 months. This means if you bought a house valued at £150,000 last year, it could be worth £159,750 – You may have made almost £10,000 in a year!

How much is your house now worth? Find out here.

Increased demand for housing has been described as one of the factors for growth; There is still a lack of housing for sale compared to buyer demand across the country, which is pushing prices up. This means your house should sell for a great price and very quickly if you are looking to sell now.

Nottingham property prices compared to other cities

The average property price in Nottingham currently is £150,000 exactly. In the last month, Nottingham sits in 3rd place for growth across the whole of the UK. First place is Edinburgh (1.2% growth) and joint second place is Aberdeen, Glasgow and Liverpool (1.1% property price growth).

East Midlands property price update

Rightmove state that the East Midlands property market is still one of the fastest areas when it comes to average selling time. Houses usually sell within 52 days which is only beaten across England by the West Midlands at 48 days. Average property price growth throughout the whole of the East Midlands in the last 12 months is 4.6%, so Nottingham is well above average at 6.5%.

This means if you’re looking to sell quickly, and for the right price, now is definitely a good time.

How much is your property worth?

Are you looking to sell your property soon? Now could be a great time! Find out how much your house is worth for free with Walton & Allen Estate Agents Nottingham. Call 0115 9243304 and mention this article to book in a free valuation, or arrange a callback using the form below.

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Value My House in Nottingham

Value my house: We can help!

Are you looking for an estate agent to value your house, flat, bungalow or land? Walton & Allen Estate Agents Nottingham value all types of properties, and for free.

Established in 2000, our valuers have decades of experience working within the property industry and we value houses across Nottingham as well as throughout the East Midlands.

We can value properties in person, over the phone or via email, although we always prefer to visit in person to give you an accurate price.

So, are you wondering “how do you value my house” or do you just want to find out how much your house is worth?

Valuing your house

Your first step is to give us a call to book in a free valuation for your house. You can get in touch with us by phoning 0115 9243304, or by using the contact form below.

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Once a date and time has been booked, one of our senior valuers will visit your property to value it. You can then find out how much your property is worth or put it on the market for sale.

Getting the best price for your house

Our Valuers aim to get the best possible price for your house and sell it in as quick a time as possible, using our up to date knowledge in the local housing market. We think you will be very happy with your property valuation. With this in mind, should you decide to then instruct us to sell your home, we will guide you through every step of the selling process. Whats more, you can find out how we sell your home here.

Because we want to provide a first class service, we offer a no sale – no fee service on all our property sales. This means you will only pay when we sell your house!

About Walton & Allen Estate Agents

Walton & Allen Estate Agents Nottingham provide property sales, lettings, mortgage advice, block management and property maintenance services. As well as this, we are rated as one of the top 3 estate agents in Nottingham by ThreeBestRated. Our friendly staff are always available to answer any questions you may have and help to make the house selling process as smooth as possible. We are also fully regulated by the Property Redress Scheme.

Nottingham House Prices 2018 – Highest Growth in England

Nottingham House Prices in 2018: An update

We give you the lowdown on current Nottingham house prices in 2018. UK house price growth is up +5.5% across the country within the last 12 months (March 2017-March 2018). The supply of homes for sale across the country has also increased slightly over the last few months and it looks like the housing market is continuing to pick up after the winter period.

Rightmove have also reported record visits to their website throughout March 2018, which shows a strong interest from those looking to buy property.

Find out how much your house is worth.

Nottingham House Prices 2018

Hometrack have released their latest housing market report and Nottingham is doing incredibly well when compared to the rest of the UK. We sit in 2nd place for property price growth in the last 12 months, at a rate of +8%, well above the average. The only city to beat Nottingham was Edinburgh at +8.1%, which is hardly a large increase.

Nottingham also sits in 2nd place across the country for property price growth in the last 3 months. Prices are up +2.7%, again just under Edinburgh at +3.2%.

There is yet more good news for Nottingham as it also ranks in 3rd position for overall house price growth in the last month. Prices have grown +0.9%, which is behind Belfast at +1% and Edinburgh again at 1.5%.

The overall average property price in the city is £148,000.

Taking all this information into account, Nottingham house prices in 2018 are currently the best for growth across the whole of England.

East Midlands House Prices 2018

House prices in the East Midlands as a whole are also up. They have increased by +4.2% annually and 1.5% over the last month. The overall average property price in the East Midlands in April 2018 stands at £221,297.

Interesting to note is that the East Midlands is still selling property very quickly. The average sale only takes 55 days, which is 3rd across the UK, just behind the West Midlands and Scotland.

Find out how much your house is worth.

How much is your house worth in Nottingham?

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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Estate Agents Stapleford

Estate Agents Stapleford

Are you looking for estate agents Stapleford? Walton & Allen are estate agents in Stapleford and the areas of Broxtowe, Beeston and Nottingham. We provide free property valuations, sales, lettings and mortgage advice. You can call us on 0115 924 3304 to find out how much your property is worth, or use the form below.

Nottingham and Stapleford property prices have grown over the last year. Is it now time for you to sell?

Stapleford Property

Estate agents in Stapleford show that the average Stapleford property price is £160,836, which was cheaper than Bramcote, Trowell and Chilwell. Most properties which sold during the last year were semi-detached property, at an average house price of £147,087. Stapleford house prices were up 10% on the previous year and also 10% on 2015. This is a high percentage increase when compared to other areas of Nottingham.

About Stapleford

The town of Stapleford lies on the border between Nottinghamshire and Derbyshire. Additionally, at the 2011 Census, the population was 15,241.  To the north of Stapleford is Ilkeston and to the east is Beeston. To the west is Sandiacre, and to the south is Toton. Stapleford is in the Broxtowe Borough. The Local MP is Anna Soubry. Stapleford has something for everyone, whether you are looking to shop or visit restaurants and pubs. Broxtowe leisure centre is also situated very close by.

The town sits near to the A52 with close links to Derby and the M1 motorway. Local buses are generally run by Trent Barton which go between Nottingham and Derby. Furthermore, the closest railway station is Beeston.

The local secondary school is the George Spencer Academy.

Stapleford Property Valuations

Are you looking for a free property valuation in Stapleford? Find out how much your Stapleford property is worth by entering your details in the form below. Alternatively, you can call our estate agent office on 0115 9243304.

We also offer an enhanced marketing strategy with a competitive ‘no sale no fee’.

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Stapleford Mortgage Advice

Do you need mortgage advice in Stapleford and the surrounding areas of Broxtowe and Nottingham? We also offer independent mortgage advice. Our mortgage brokers can compare the whole of the mortgage market. So, contact our mortgage broker to see how much money you could potentially save!

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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.

How to find Stapleford

Stapleford is situated to the west of Nottingham city centre and to the east of Derby. It is easily accessible from both the M1 motorway and the A52.

Estate Agents Arnold: Free Property Valuations

Estate Agents Arnold

Are you looking for estate agents Arnold with competitive fees and free property valuations?

Walton & Allen offer property sales, lettings and mortgage advice in Arnold and the surrounding areas of Nottingham. Find out how we sell your property.

Walton & Allen are rated as one of the top 3 estate agents in Arnold and Nottingham by ThreeBestRated.

Arnold Property

Most properties which sold in the last year in Arnold were semi-detached, at an average price of £141,566. The overall average property price for Arnold is around £160,454. Arnold was lower in price last year than Bestwood Village, Mapperley and Woodthorpe. Arnold house prices were up 6% on the previous year.

About Arnold

Arnold town centre is the largest in the Gedling Borough. Arnold contains multiple shops, pubs, schools and churches. It has several parks, including Arnot Hill Park, and a leisure centre with swimming pool and theatre. There are multiple buses which travel between Arnold, Nottingham city centre and other surrounding areas, mainly run by Nottingham City Transport on the Lime Line.

Secondary schools in Arnold include Arnold Hill Academy, Christ the King CVA and Redhill Academy which was rated as ‘outstanding’ by Ofsted in 2008.

The Robin Hood and Little John pub in Arnold dates back to 1750. It was recently named CAMRA National Cider Pub of the Year and Nottingham Pub of the Year.

Arnold also has two large supermarkets and a local, privately owned market.

Arnold Property Valuations

Walton & Allen Estate Agents Arnold offer property valuations for free. Find out how much your house is worth in Arnold and see how we can help you sell your house.

We offer an enhanced marketing strategy with a competitive ‘no sale no fee’.

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Arnold Mortgage Advice

We offer independent mortgage advice in Arnold and the surrounding areas of Nottingham. Talk to us to compare the whole of the mortgage market to find one of the best deals for you, and to hopefully save you money! We offer appointments in branch, at your house or over the phone. Call 0115 924 3304 or use the form below to get in touch.

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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.

estate agents arnold