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Nottingham Post
Nottingham Post
National
Karen Antcliff

Property prices: What you can get for £250k in Nottingham compared to other parts of the UK

If you've ever considered moving to the coast, the City or perhaps the highlands, you may have wondered what your money might buy.

Up and down the country property prices vary wildly and it's often fun to see just how far your money will stretch, so we've done the legwork for you.

From Cornish cottages to swanky city pads, take a look and see where you could be living or if you'd prefer to stay rooted in the Nottingham and the county.

So just what could you buy here for that amount of money compared to other parts of the country.

To start us off, we've gone with what you could buy for the average Nottingham house price.

While many organisations have different ways of working out average house prices in an area, both Rightmove and Zoopla agree that the average for Nottingham and its county sits somewhere between £240,000 and £250,000.

This two-bed detached bungalow in Weaverthorpe Road, Woodthorpe, Nottingham is for sale with Robert Ellis Estate Agents (Zoopla)

A quick look at Nottingham homes that you could buy for exactly £250,000 will show sizable 2-bed detached bungalows in either Woodthorpe or Mapperley, and a three-bed semi detached house in Sherwood, for instance.

This two-bed detached bungalow in Stanley Road, Mapperley, Nottingham is for sale with Marriotts. (Zoopla)

In comparison, if you head straight to the Capital, what you’ll get in London for your £250,000 is quite reduced.

For instance, there's a studio in Woburn Place, Russell Square WC1H listed on Zoopla for that price. It is for sale with Purple Bricks.

This London studio in Woburn Place, Russell Square is for sale with PurpleBricks (Zoopla)

If you are drawn to the coast however, you could be be settling into a one-bed apartment in Newquay, or, if Cornwall is your location of choice, perhaps a two-bed cottage further inland in Redruth.

This brand new one bed flat in Newquay is for sale with David Ball Agencies (Zoopla)

David Ball Agencies is selling a brand new one-bed flat. It is just 120m from the beach in Newquay and the selling agent says that it is ideal as a summer retreat or rental.

You could buy a two-bed end terrace in Dedwood Terrace, Carnkie, Redruth, for sale with Ewe Move (Zoopla)


The two-bed terrace, with its large family kitchen is for sale with Ewe Move.

If Blackpool is your happy place then, in terms of value for money, you could be even happier. Property here over the past year sold for an average of £141,587 according to Zoopla.

A six-bed semi in Withnell Road, Blackpool for sale with Tiger Sales and Lettings (Zoopla)

And if you fancy a change of career, then there's a six-bed semi as well as a seven-bed property, both of which are for sale for £250,000 each and ideal as a buy to let opportunity as they're currently separated into self-contained flats.

Both are in Withnell Road, Blackpool and so less than half a mile from Blackpool Pleasure Beach and a three-minute walk from the South Pier and Promenade.

The seven-bed is for sale with PurpleBricks, the six-bed with Tiger Sales and Lettings.

A 7-bed block of flats in Withnell Road, Blackpool is for sale with PurpleBricks (Zoopla)

Wales is another location offering value for money. Of course there are huge variations across the country but as a whole, average property price stood at £218,438 over the past year.

If you are looking at spending £250,000 in Holywell, for instance, you could buy a three-bed town house is an historic building in Holywell.

A three-bed town house in St. Clares Court, Pantasaph, Holywell is for sale with Sass & Co. (Zoopla)

Alternatively, in Rossett, Wrexham, you could by a three-bed semi is Station Road. This one is, however, going to auction with Fisher German so it might eventually sell for more. The auction takes place on Thursday, March 10, 2022, at noon.

This one is an auction property so may sell for more than £250,000. The three-bed in Station Road, Rossett is being sold by Fisher German (Zoopla)

You can find more property stories here.

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