Average Price for property in Bishop Rise, Drayton, Norwich, NR8 is around £140,679 which varies based on type of property you are interested in and ranges from £139,613 for semi-detached to around £140,946 for terraced house. Values have been changing and have risen £707 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,924 in last 6 months, £9,982 in last 1 year, £14,275 in last 2 years, £19,131 in last 3 years, £18,162 in last 4 years and £15,384 in last 5 years.
Currently average asking price of a property in Bishop Rise, Drayton, Norwich, NR8 is around £248,255 based on approximately 1 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £741 per month.
Estimated property value in Bishop Rise, Drayton, Norwich, NR8 is £140,679. Average asking price is £248,255 while average price paid is £125,000 which is up by £9,982 and Avg. asking rent £741.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 Bishop Rise, Drayton, Norwich, NR8 area. In last 1 year alone average price buyer paid is around £125,000 based on approximately 1 sales in Bishop Rise, Drayton, Norwich, NR8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £125,500. 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 £116,166 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £118,285 per sale.