Average Price for property in Common Lane, Thorpe Market, Norwich, NR11 is around £228,887 e.g. average price for detached house is around 228,887. Values have been changing and have risen £1,562 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,022 in last 6 months, £15,697 in last 1 year, £22,814 in last 2 years, £27,240 in last 3 years, £25,400 in last 4 years and £25,334 in last 5 years.
Currently average asking price of a property in Common Lane, Thorpe Market, Norwich, NR11 is around £290,395 based on approximately 1 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 Common Lane, Thorpe Market, Norwich, NR11 is £228,887. Average asking price is £290,395 while average price paid is £167,000 which is up by £15,697 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 Common Lane, Thorpe Market, Norwich, NR11 area. In last 1 year alone average price buyer paid is around £167,000 based on approximately 1 sales in Common Lane, Thorpe Market, Norwich, NR11 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £181,000. 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 £179,833 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £179,833 per sale.