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.