Average Price for property in Burnt Lane, Gorleston, Great Yarmouth, NR31 is around £117,332 which varies based on type of property you are interested in and ranges from £169,313 for detached house to around £135,235 for semi-detached. Similarly terraced house is around £112,300. Values have been changing and have risen £654 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,332 in last 6 months, £8,686 in last 1 year, £11,544 in last 2 years, £14,821 in last 3 years, £14,155 in last 4 years and £11,186 in last 5 years.
Currently average asking price of a property in Burnt Lane, Gorleston, Great Yarmouth, NR31 is around £179,514 based on approximately 1 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 Burnt Lane, Gorleston, Great Yarmouth, NR31 is £117,332. Average asking price is £179,514 while average price paid is £103,613 which is up by £8,686 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 Burnt Lane, Gorleston, Great Yarmouth, NR31 area. In last 1 year alone average price buyer paid is around £103,613 based on approximately 1 sales in Burnt Lane, Gorleston, Great Yarmouth, NR31 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £94,469. 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 £94,469 for 13 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £97,788 per sale.