Alford Grove, Sprowston, Norwich, NR7

Street Guide For Alford Grove, Sprowston, Norwich, NR7

 
 

Alford Grove, Sprowston, Norwich, NR7 Map

Estimated Price: £238,665
Average Asking Price: £276,362
Price change in last one year: £22,656
Average Price Paid: £206,857
Average Rent Rates: £1,160

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116 - 118 Prince of Wales Road Norwich NR1 1LB

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Property Prices Breakdown in Alford Grove, Sprowston, Norwich, NR7

Average Price for property in Alford Grove, Sprowston, Norwich, NR7 is around £238,665 which varies based on type of property you are interested in and ranges from £258,358 for detached house to around £212,578 for semi-detached. Similarly terraced house is around £227,801. Values have been changing and have risen £2,002 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,677 in last 6 months, £22,656 in last 1 year, £29,121 in last 2 years, £32,172 in last 3 years, £32,106 in last 4 years and £31,961 in last 5 years.

Currently average asking price of a property in Alford Grove, Sprowston, Norwich, NR7 is around £276,362 based on approximately 1 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £1,160 per month.

Estimated property value in Alford Grove, Sprowston, Norwich, NR7 is £238,665. Average asking price is £276,362 while average price paid is £265,000 which is up by £22,656 and Avg. asking rent £1,160.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Alford Grove, Sprowston, Norwich, NR7 area. In last 1 year alone average price buyer paid is around £265,000 based on approximately 1 sales in Alford Grove, Sprowston, Norwich, NR7 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £194,000. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £206,857 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £199,555 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £190,440, £213,083 for a 3 bedroom house, £321,183 for a 4 bedroom house and £405,995 for a 5 bedroom house. For a flat similarly the prices varies from £88,625 for a single bedroom to £145,362 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £450,000. To sum up the asking prices for properties in Alford Grove, Sprowston, Norwich, NR7 it comes to around average £88,625 for 1 bedroom property, £166,022 for 2 bedroom, £213,083 for 3 bedroom, £327,039 for 4 bedroom and £405,995 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £417 for 1 bedroom to £782 for 2 bedroom, £825 for 3 bedroom and £1,074 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £494. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £591. You should be generally be expecting around average £448 rent per month for single bedroom property, £659 for 2 bedroom, £825 for 3 bedroom and approximately £1,074 for 4 bedroom property in Alford Grove, Sprowston, Norwich, NR7 area.

Popular Houses in Alford Grove, Sprowston, Norwich, NR7

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Alford Grove, Sprowston, Norwich, NR7