Burton Drive, Rackheath, Norwich, NR13

Street Guide For Burton Drive, Rackheath, Norwich, NR13

 
 

Burton Drive, Rackheath, Norwich, NR13 Map

Estimated Price: £184,833
Average Asking Price: £308,128
Price change in last one year: £14,975
Average Price Paid: £146,492
Average Rent Rates: £741

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116 - 118 Prince of Wales Road Norwich NR1 1LB

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Property Prices Breakdown in Burton Drive, Rackheath, Norwich, NR13

Average Price for property in Burton Drive, Rackheath, Norwich, NR13 is around £184,833 which varies based on type of property you are interested in and ranges from £190,851 for semi-detached to around £169,183 for terraced house. Values have been changing and have risen £413 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £45 in last 6 months, £14,975 in last 1 year, £16,927 in last 2 years, £23,116 in last 3 years, £21,717 in last 4 years and £19,454 in last 5 years.

Currently average asking price of a property in Burton Drive, Rackheath, Norwich, NR13 is around £308,128 based on approximately 2 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £741 per month.

Estimated property value in Burton Drive, Rackheath, Norwich, NR13 is £184,833. Average asking price is £308,128 while average price paid is £147,500 which is up by £14,975 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 Burton Drive, Rackheath, Norwich, NR13 area. In last 1 year alone average price buyer paid is around £147,500 based on approximately 2 sales in Burton Drive, Rackheath, Norwich, NR13 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £148,658. 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 £146,492 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £145,431 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £137,983, £194,817 for a 2 bedroom house, £269,346 for a 3 bedroom house, £348,000 for a 4 bedroom house and £398,188 for a 5 bedroom house. For a flat the prices of 3 bedroom is £357,500. To sum up the asking prices for properties in Burton Drive, Rackheath, Norwich, NR13 it comes to around average £137,983 for 1 bedroom property, £194,817 for 2 bedroom, £272,190 for 3 bedroom, £348,000 for 4 bedroom and £398,188 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £793 for 1 bedroom to £644 for 2 bedrooms, £740 for 3 bedrooms, £1,048 for 4 bedrooms and £897 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £485. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £650. You should be generally be expecting around average £537 rent per month for single bedroom property, £644 for 2 bedroom, £740 for 3 bedroom, £1,048 for 4 bedroom and approximately £897 for a 5 bedroom property in Burton Drive, Rackheath, Norwich, NR13 area.

Popular Houses in Burton Drive, Rackheath, Norwich, NR13

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Burton Drive, Rackheath, Norwich, NR13