Redhill v Bulwell what your money will buy when it comes to home buying

Finding your perfect home isn’t always easy.

Choosing property size over location or vice versa can be a difficult choice and when it comes to location we are all searching for something different.

So how do you interpret the estate agents mantra of ‘location, location, location‘?

Yes, you should buy in the best area that you can afford, but the definition of ‘the best’ will vary from person to person. If you want to live close to relatives, a chosen school or a particular feature – a park or good road or rail network for instance – then your best area may look very different to that of someone else.

However, what will be less flexible in your decision making is budget.

We picked two areas to the north of Nottingham – they are both roughly 4 or 5 miles from the city – and compared prices and what you could get for your pound.

Bulwell, which had an overall average sold price of £139,563 over the last year, and Redhill, which had an overall sold price of £250,052 – both figures according to Rightmove.

Here’s what you money could buy in each location