Average Price for property in Armes Street, Norwich, NR2 is around £167,844 which varies based on type of property you are interested in and ranges from £285,777 for detached house to around £158,172 for semi-detached. Similarly terraced house is around £168,595 and a flat is worth £89,749. Values have been changing and have risen £1,364 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,180 in last 6 months, £11,627 in last 1 year, £18,067 in last 2 years, £23,780 in last 3 years, £21,050 in last 4 years and £21,640 in last 5 years.
Currently average asking price of a property in Armes Street, Norwich, NR2 is around £227,495 based on approximately 1 properties for sale. Same is the case with rental options based on 148 properties up for rent, average asking rent is around £890 per month.
Estimated property value in Armes Street, Norwich, NR2 is £167,844. Average asking price is £227,495 while average price paid is £110,000 which is up by £11,627 and Avg. asking rent £890.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 Armes Street, Norwich, NR2 area. In last 1 year alone average price buyer paid is around £110,000 based on approximately 1 sales in Armes Street, Norwich, NR2 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £142,600. 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 £129,656 for 16 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £136,344 per sale.