Average Price for property in Dereham Road, Norwich, NR5 is around £186,185 which varies based on type of property you are interested in and ranges from £201,330 for detached house to around £179,304 for semi-detached. Similarly terraced house is around £163,540 and a flat is worth £91,940. Values have been changing and have risen £771 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,315 in last 6 months, £14,545 in last 1 year, £20,309 in last 2 years, £24,791 in last 3 years, £25,213 in last 4 years and £24,477 in last 5 years.
Currently average asking price of a property in Dereham Road, Norwich, NR5 is around £213,510 based on approximately 8 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £1,140 per month.
Estimated property value in Dereham Road, Norwich, NR5 is £186,185. Average asking price is £213,510 while average price paid is £180,187 which is up by £14,545 and Avg. asking rent £1,140.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 Dereham Road, Norwich, NR5 area. In last 1 year alone average price buyer paid is around £180,187 based on approximately 8 sales in Dereham Road, Norwich, NR5 area alone. If you compare it to last 3 years sales of 19 properties where buyers paid around £163,710. 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 £162,627 for 31 and average amount paid for purchase of approx. 35 properties sold in last 7 years comes to about £158,697 per sale.