Nottingham Price Crash ?

[Woody502]

Avoid like the plague if they are in Radford its probably in the worst 3 estates in Nottingham and a regular shooting gallery (along with the Meadows and St Annes). Not a place I would like to return to at 4am with a couple of grand in the back pocket if you get my drift.

[thediceman]

Just checked the auction website to see what this property went for and see it sold at £5k more than the guide price, selling for £80k. Quite a drop from it's original developers sale price of £250k. Some poor investor certainly commited financial suicide with this purchase.

I also found another 6 bedroom house in the Basford area, which I understand is student terriority, that had a guide price of £80k which finally sold for £95k. These prices do suggest the importance of doing considerable research before buying in Nottingham as some places must be "rough as f***" with such low values. Then again I'm use to buying in East Anglia and the Ipswich area.

I'm considering buying a crash pad in Nottingham as it would save me a fortune in hotel bills and somewhere central to stay, so the simply question is what are the areas to avoid? Also what is Basford and old Basford like as they had some decent lots or are these areas as bad as Radford?

[Karabiner]

I'd say that New basford which is just South of the Nottingham ring-road might suit you quite well. It is not at all one of the worst areas to live and there are quite a few nice streets with mostly terraced houses. It is also just ten minutes from DTD, if that.

Old Basford is on the other side of the ring-road and I am not as familiar with the neighbourhood, but as far as I know it is also not a notoriously bad area.

[redsimon]

I'd say that New basford which is just South of the Nottingham ring-road might suit you quite well. It is not at all one of the worst areas to live and there are quite a few nice streets with mostly terraced houses. It is also just ten minutes from DTD, if that.

Old Basford is on the other side of the ring-road and I am not as familiar with the neighbourhood, but as far as I know it is also not a notoriously bad area.

Living in OB myself its probably too far from DtD as a crash pad and prices went crazy high after tram line built but starting to drop to more realistic levels. With tram link its now attracting students too, which is not neccessarily a good thing!

[thediceman]

Cheers for the replies.

I did see a decent looking 3 bed terrace, cottage style property in Old Basford which ended up selling for less than £100k. How far is Old Basford from dtd and how much would it cost in a taxi???. I guess I would be more than willing to paying a few extra quid for a taxi to ensure a nicer area rather than a dodgy one like Radford.

So the NO areas are: Radford, Meadows and St Annes.

So what are the nice / up and coming areas in Nottingham. I know Nottingham has been voted the worst city twice out of the last 3 years but there has to be some decent areas.

[TheChipPrince]

He's buying a 100K house as a 'crash pad', and worried what the taxi fair may be!! 

[Woody502]

As you say avoid Radford, Meadows and St Annes.

A few of the areas that were OK (and close'ish to DTD) when I was living in Notts (my info is now 4 years out of date as thats when I moved to Brisbane) are Bramcote, West Bridgford (pricey) or Old Basford.

The areas I am familiar with are Eastwood, Kimberley, Watnall, Hucknall and Nuthall they are all OK and you can reach DTD in approx 20/30 mins.

Cheers for the replies.

I did see a decent looking 3 bed terrace, cottage style property in Old Basford which ended up selling for less than £100k. How far is Old Basford from DTD and how much would it cost in a taxi???. I guess I would be more than willing to paying a few extra quid for a taxi to ensure a nicer area rather than a dodgy one like Radford.

So the NO areas are: Radford, Meadows and St Annes.

So what are the nice / up and coming areas in Nottingham. I know Nottingham has been voted the worst city twice out of the last 3 years but there has to be some decent areas.

[rex008]

Wollaton and Bramcote are West of Nottingham (same side as DTD) and pretty nice (pricey). I'm from the other side, so don't know the west so well. I don't think there is really an acknowledged "up and coming" area at the moment with the house price uncertainty. Stick a  pin in a map and hope to get lucky .

You could probably stick DTD postcode (NG7 2UW) into rightmove.co.uk and select your price range and see what comes up close.

Andrew

[Woodsey]

I live in West Bridgford which is pretty nice. Its expensive but I reckon you could pick up a flat for about £130k ish if your willing to stretch your finances. There are sooooooooo many flats on the market at the moment if your a good negotiator!

[Azirapheal]

radford has its charms, if by charms you mean being able to see kids getting gunned down, faces appearing at your window (if you live on the ground floor) being accosted by the dirtiest and nastiest of hookerson your way home from work.

i was supposed to live here till the summer, im moving out next month to a different part of nottingham.  and since i was lied to through the teeth by my landlady im still withholding the remainder of my rent

ive seen 4 shootings and been either at work or fast asleep when other ones have occurred.

if your looking for prop in nottingham there is loads avaliable, just avoid radford/hyson/st annes and bulwell like the plague.