Average Price for property in Cromer Road, Mundesley, Norwich, NR11 is around £203,159 which varies based on type of property you are interested in and ranges from £273,185 for detached house to around £245,073 for semi-detached. Similarly terraced house is around £143,120 and a flat is worth £93,122. Values have been changing and have risen £1,435 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,692 in last 6 months, £14,409 in last 1 year, £20,940 in last 2 years, £25,003 in last 3 years, £23,315 in last 4 years and £23,254 in last 5 years.
Currently average asking price of a property in Cromer Road, Mundesley, Norwich, NR11 is around £291,132 based on approximately 11 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 Cromer Road, Mundesley, Norwich, NR11 is £203,159. Average asking price is £291,132 while average price paid is £149,090 which is up by £14,409 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 Cromer Road, Mundesley, Norwich, NR11 area. In last 1 year alone average price buyer paid is around £149,090 based on approximately 11 sales in Cromer Road, Mundesley, Norwich, NR11 area alone. If you compare it to last 3 years sales of 28 properties where buyers paid around £163,968. 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 £172,695 for 41 and average amount paid for purchase of approx. 50 properties sold in last 7 years comes to about £169,924 per sale.