Values have been changing and have risen £425 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £725 in last 6 months, £8,009 in last 1 year, £11,185 in last 2 years, £13,653 in last 3 years, £13,888 in last 4 years and £13,487 in last 5 years.
Currently average asking price of a property in Beechcroft, New Costessey, Norwich, NR5 is around £213,510 based on approximately 1 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £1,140 per month.
Estimated property value in Beechcroft, New Costessey, Norwich, NR5 is £107,882. Average asking price is £213,510 while average price paid is £144,000 which is up by £8,009 and Avg. asking rent £1,140.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 Beechcroft, New Costessey, Norwich, NR5 area. In last 1 year alone average price buyer paid is around £144,000 based on approximately 1 sales in Beechcroft, New Costessey, Norwich, NR5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £138,500. 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 £138,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £138,500 per sale.