The least and most expensive areas to buy a house in Nottingham


Published : 8th April 2020

News

If you've ever wondered where you could find the cheapest or most expensive homes in Notts then here's your answer.

Well at least during the month of February, 2020.

Looking at the latest figures released by the Land Registry, there were some 16,042 residential sales registered in February and across England and Wales. A total of 312 were properties priced at £1m or more including 60 at £2m or more.

As you would expect, the most expensive property sold was in Kensington and Chelsea for £13m but what about Nottingham?

Well, in Nottingham and Nottinghamshire during February, there weren't any million pound homes that changed hands.

At top of the list of most expensive homes sold in our area was an impressive barn conversion in Plumtree which fetched £865,000.

Standing on an exclusive development, the sizable home had the benefit of great location as well are good accommodation - Plumtree is a sought after village.

In fact, it was the villages south of the river that took the top three slots on the most expensive homes sold list - joining Plumtree was nearby Stanton on the Wolds and Keyworth.

Here's the top of the list for Notts' biggest sales

These were the most expensive homes sold in Notts in February

  • Long Barn, Plumtree, Nottingham, a detached house sold for £865,000
  • Willow Tree House, Stanton On The Wolds, Nottingham, a detached house sold for £785,000
  • A detached in High Court Drive, Keyworth sold for £645,000
  • A detached in Stanton Lane, Stanton On The Wolds sold for £590,000
  • A semi in Mapperley Road, Nottingham sold for £588,800
  • Meadow Mist in Cropwell Butler, Nottingham, a detached house, sold for £583,140
  • A detached in Bramcote Lane, Beeston sold for £530,000
  • A detached in Blake Road, West Bridgford sold for £490,000
  • A semi in Gertrude Road, West Bridgford sold for £476,500

For those with pockets not quite as deep, there were some bargains to be had in and around the city and county. Flats and terraced homes were sold for £75,000 and under. The cheapest Nottinghamshire property was a city centre flat selling for £53,000. And while not quite as inexpensive as some locations around the UK - the cheapest property sold was in Ferryhill, County Durham for £17,600 - there were some bargains to be had.

So, for those looking for some inspiration about where to look for property with lower price tags, here's what sold and where during February 2020.

Least expensive homes sold in Nottinghamshire in February

  • A flat in Minerva House, Spaniel Row, Nottingham city centre sold for £53,000
  • A flat in High Point, Noel Street, Nottingham sold for £55,000 (The data indicates that this sale may have been a buy-to-let, a transfer to a company, or a repossession)
  • A terrace in Low Town Street, Worksop sold for £59,000
  • A flat in Blyton Walk, Nottingham city sold for £65,000
  • A terrace in St Michaels Street, Sutton-In-Ashfield sold for £67,000 (Again, the data indicates that this sale may have been a buy-to-let, a transfer to a company, or a repossession)
  • Another terrace, this time in Latham Street, Bulwell, sold for £67,000
  • This terrace in Bridge Farm Lane, Clifton, Nottingham, sold for £72,000 (This sale may have been a buy-to-let, a transfer to a company, or a repossession)
  • A flat in Old Bakery Way, Mansfield, sold for £72,500
  • A terrace in Netherton Road, Worksop, sold for £73,000
  • A flat in Farnborough Road, Clifton, sold for £75,000

The Land Registry lists the price paid for every property bought at market value but relies on buyers, or their solicitors, registering the sale and the price paid with the Land Registry,

The data also includes sales under a power of sale/repossessions, buy-to-lets (where they can be identified by a mortgage) and transfers to non-private individuals. It may take several weeks for sales to be registered after completion so some sales from later in February may not be listed yet.

Source:- https://www.nottinghampost.com/news/property/least-most-expensive-areas-buy-4022925