Values have been changing and have risen £451 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £125 in last 6 months, £14,202 in last 1 year, £17,514 in last 2 years, £20,121 in last 3 years, £20,579 in last 4 years and £17,837 in last 5 years.
Currently average asking price of a property in Ber Street, Norwich, NR1 is around £207,987 based on approximately 7 properties for sale. Same is the case with rental options based on 115 properties up for rent, average asking rent is around £1,070 per month.
Estimated property value in Ber Street, Norwich, NR1 is £160,247. Average asking price is £207,987 while average price paid is £140,578 which is up by £14,202 and Avg. asking rent £1,070.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 Ber Street, Norwich, NR1 area. In last 1 year alone average price buyer paid is around £140,578 based on approximately 7 sales in Ber Street, Norwich, NR1 area alone. If you compare it to last 3 years sales of 34 properties where buyers paid around £138,398. 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 £131,988 for 50 and average amount paid for purchase of approx. 60 properties sold in last 7 years comes to about £133,537 per sale.