Average Price for property in Butt Lane, Burgh Castle, Great Yarmouth, NR31 is around £183,708 which varies based on type of property you are interested in and ranges from £279,069 for detached house to around £164,720 for semi-detached. Similarly terraced house is around £123,811 and a flat is worth £32,215. Values have been changing and have risen £1,062 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,164 in last 6 months, £14,135 in last 1 year, £18,784 in last 2 years, £24,115 in last 3 years, £23,027 in last 4 years and £18,192 in last 5 years.
Currently average asking price of a property in Butt Lane, Burgh Castle, Great Yarmouth, NR31 is around £179,174 based on approximately 3 properties for sale. Same is the case with rental options based on 66 properties up for rent, average asking rent is around £751 per month.
Estimated property value in Butt Lane, Burgh Castle, Great Yarmouth, NR31 is £183,708. Average asking price is £179,174 while average price paid is £150,666 which is up by £14,135 and Avg. asking rent £751.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 Butt Lane, Burgh Castle, Great Yarmouth, NR31 area. In last 1 year alone average price buyer paid is around £150,666 based on approximately 3 sales in Butt Lane, Burgh Castle, Great Yarmouth, NR31 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £157,650. 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 £164,312 for 16 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £166,919 per sale.