Average Price for property in City Road, Norwich, NR1 is around £259,632 which varies based on type of property you are interested in and ranges from £190,327 for detached house to around £273,817 for semi-detached. Similarly terraced house is around £285,592 and a flat is worth £93,173. Values have been changing and have risen £670 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £183 in last 6 months, £21,177 in last 1 year, £26,115 in last 2 years, £29,999 in last 3 years, £30,680 in last 4 years and £26,589 in last 5 years.
Currently average asking price of a property in City Road, Norwich, NR1 is around £207,987 based on approximately 1 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 City Road, Norwich, NR1 is £259,632. Average asking price is £207,987 while average price paid is £250,000 which is up by £21,177 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 City Road, Norwich, NR1 area. In last 1 year alone average price buyer paid is around £250,000 based on approximately 1 sales in City Road, Norwich, NR1 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £190,062. 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 £184,020 for 12 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £185,073 per sale.