Values have been changing and have risen £339 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £94 in last 6 months, £10,692 in last 1 year, £13,187 in last 2 years, £15,150 in last 3 years, £15,496 in last 4 years and £13,433 in last 5 years.
Currently average asking price of a property in Cavell Road, Norwich, NR1 is around £207,987 based on approximately 4 properties for sale. Same is the case with rental options based on 115 properties up for rent, average asking rent is around £1,070 per month.
Estimated property value in Cavell Road, Norwich, NR1 is £125,133. Average asking price is £207,987 while average price paid is £132,487 which is up by £10,692 and Avg. asking rent £1,070.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 Cavell Road, Norwich, NR1 area. In last 1 year alone average price buyer paid is around £132,487 based on approximately 4 sales in Cavell Road, Norwich, NR1 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £127,490. 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 £119,908 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £119,681 per sale.