Values have been changing and have risen £811 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,313 in last 6 months, £8,882 in last 1 year, £13,576 in last 2 years, £15,547 in last 3 years, £14,504 in last 4 years and £13,433 in last 5 years.
Currently average asking price of a property in Denmark Road, Lowestoft, NR32 is around £190,644 based on approximately 2 properties for sale. Same is the case with rental options based on 92 properties up for rent, average asking rent is around £843 per month.
Estimated property value in Denmark Road, Lowestoft, NR32 is £126,721. Average asking price is £190,644 while average price paid is £96,500 which is up by £8,882 and Avg. asking rent £843.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 Denmark Road, Lowestoft, NR32 area. In last 1 year alone average price buyer paid is around £96,500 based on approximately 2 sales in Denmark Road, Lowestoft, NR32 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £105,086. 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 £110,363 for 15 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £108,080 per sale.