Values have been changing and have risen £794 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,619 in last 6 months, £10,565 in last 1 year, £14,040 in last 2 years, £18,024 in last 3 years, £17,212 in last 4 years and £13,599 in last 5 years.
Currently average asking price of a property in Bright Close, Great Yarmouth, NR31 is around £179,514 based on approximately 2 properties for sale. Same is the case with rental options based on 71 properties up for rent, average asking rent is around £739 per month.
Estimated property value in Bright Close, Great Yarmouth, NR31 is £144,055. Average asking price is £179,514 while average price paid is £143,750 which is up by £10,565 and Avg. asking rent £739.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 Bright Close, Great Yarmouth, NR31 area. In last 1 year alone average price buyer paid is around £143,750 based on approximately 2 sales in Bright Close, Great Yarmouth, NR31 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £150,166. 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 £149,625 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £145,714 per sale.