Back Lane, East Ruston, Norwich, NR12

Street Guide For Back Lane, East Ruston, Norwich, NR12

 

Back Lane, East Ruston, Norwich, NR12 Map

Estimated Price: £562,665
Average Asking Price: £310,714
Price change in last one year: £37,877
Average Price Paid: £460,050
Average Rent Rates: £796

 

Property Prices Breakdown in Back Lane, East Ruston, Norwich, NR12

Average Price for property in Back Lane, East Ruston, Norwich, NR12 is around £562,665 e.g. average price for detached house is around 562,665. Values have been changing and have risen £880 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,157 in last 6 months, £37,877 in last 1 year, £48,773 in last 2 years, £68,111 in last 3 years, £58,985 in last 4 years and £58,374 in last 5 years.

Currently average asking price of a property in Back Lane, East Ruston, Norwich, NR12 is around £310,714 based on approximately 0 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £796 per month.

Estimated property value in Back Lane, East Ruston, Norwich, NR12 is £562,665. Average asking price is £310,714 while average price paid is £460,050 which is up by £58,374 and Avg. asking rent £796.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 Back Lane, East Ruston, Norwich, NR12 area. In last 5 years alone average price buyer paid is around £460,050 based on approximately 1 sales in Back Lane, East Ruston, Norwich, NR12 area alone. If you compare it to last 7 years sales of 1 properties where buyers paid around £460,050.

 
 

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 1 bedroom is around £65,100, £140,105 for a 2 bedroom house, £274,594 for a 3 bedroom house, £356,937 for a 4 bedroom house and £591,085 for a 5 bedroom house. For a flat similarly the prices varies from £97,980 for a single bedroom to £126,389 for a 2 bedroom Flat. To sum up the asking prices for properties in Back Lane, East Ruston, Norwich, NR12 it comes to around average £92,500 for 1 bedroom property, £137,901 for 2 bedroom, £274,594 for 3 bedroom, £356,937 for 4 bedroom and £591,085 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 £596 for 1 bedroom to £619 for 2 bedrooms, £638 for 3 bedrooms, £1,030 for 4 bedrooms and £1,725 for 5 bedrooms house. But if you are interested in renting a 2 bedroom flat then rent per month can be around £599. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £524. You should be generally be expecting around average £596 rent per month for single bedroom property, £613 for 2 bedroom, £619 for 3 bedroom, £1,030 for 4 bedroom and approximately £1,724 for a 5 bedroom property in Back Lane, East Ruston, Norwich, NR12 area.

Popular Houses in Back Lane, East Ruston, Norwich, NR12

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 Back Lane, East Ruston, Norwich, NR12