Colby Road, Banningham, Norwich, NR11

Street Guide For Colby Road, Banningham, Norwich, NR11

 

Colby Road, Banningham, Norwich, NR11 Map

Estimated Price: £285,540
Average Asking Price: £291,132
Price change in last one year: £21,391
Average Price Paid: £174,875
Average Rent Rates: £694

 

Property Prices Breakdown in Colby Road, Banningham, Norwich, NR11

Average Price for property in Colby Road, Banningham, Norwich, NR11 is around £285,540 which varies based on type of property you are interested in and ranges from £353,943 for detached house to around £157,864 for semi-detached. Similarly terraced house is around £280,913. Values have been changing and have risen £2,128 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,479 in last 6 months, £21,391 in last 1 year, £31,089 in last 2 years, £37,120 in last 3 years, £34,611 in last 4 years and £34,517 in last 5 years.

Currently average asking price of a property in Colby Road, Banningham, Norwich, NR11 is around £291,132 based on approximately 0 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £694 per month.

Estimated property value in Colby Road, Banningham, Norwich, NR11 is £285,540. Average asking price is £291,132 while average price paid is £155,500 which is up by £37,120 and Avg. asking rent £694.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 Colby Road, Banningham, Norwich, NR11 area. In last 3 years alone average price buyer paid is around £155,500 based on approximately 1 sales in Colby Road, Banningham, Norwich, NR11 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £174,875. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £199,142 for 7 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 2 bedroom is around £169,762, £268,004 for a 3 bedroom house, £359,675 for a 4 bedroom house and £731,658 for a 5 bedroom house. For a flat similarly the prices varies from £169,228 for a 2 bedroom to £115,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Colby Road, Banningham, Norwich, NR11 it comes to around average £169,589 for 2 bedroom property, £261,352 for 3 bedroom, £359,675 for 4 bedroom and £731,658 for 5 bedroom.

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 £598 for 1 bedroom to £662 for 2 bedroom, £724 for 3 bedroom and £1,363 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £423. You should be generally be expecting around average £467 rent per month for single bedroom property, £662 for 2 bedroom, £724 for 3 bedroom and approximately £1,363 for 4 bedroom property in Colby Road, Banningham, Norwich, NR11 area.

Popular Houses in Colby Road, Banningham, Norwich, NR11

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 Colby Road, Banningham, Norwich, NR11