Average Price for property in Cotman Road, Norwich, NR1 is around £443,982 which varies based on type of property you are interested in and ranges from £379,003 for detached house to around £847,574 for semi-detached. Similarly terraced house is around £207,882. Values have been changing and have risen £1,204 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £329 in last 6 months, £38,030 in last 1 year, £46,892 in last 2 years, £53,863 in last 3 years, £55,079 in last 4 years and £47,726 in last 5 years.
Currently average asking price of a property in Cotman Road, Norwich, NR1 is around £207,987 based on approximately 3 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 Cotman Road, Norwich, NR1 is £443,982. Average asking price is £207,987 while average price paid is £395,833 which is up by £38,030 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 Cotman Road, Norwich, NR1 area. In last 1 year alone average price buyer paid is around £395,833 based on approximately 3 sales in Cotman Road, Norwich, NR1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £344,125. 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 £366,300 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £311,643 per sale.