Average Price for property in Downham Market is around £196,391 which varies based on type of property you are interested in and ranges from £233,569 for detached house to around £167,096 for semi-detached. Similarly terraced house is around £143,154 and a flat is worth £116,263. Values have been changing and have risen £2,556 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,297 in last 6 months, £19,615 in last 1 year, £30,858 in last 2 years, £27,987 in last 3 years, £27,188 in last 4 years and £23,244 in last 5 years.
Currently average asking price of a property in Downham Market is around £219,517 based on approximately 298 properties for sale. Same is the case with rental options based on 36 properties up for rent, average asking rent is around £687 per month.
Estimated property value in Downham Market is £196,391. Average asking price is £219,517 while average price paid is £176,978 which is up by £19,615 and Avg. asking rent £687.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 Downham Market area. In last 1 year alone average price buyer paid is around £176,978 based on approximately 298 sales in Downham Market area alone. If you compare it to last 3 years sales of 867 properties where buyers paid around £165,893. 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 £162,786 for 1,375 and average amount paid for purchase of approx. 1,798 properties sold in last 7 years comes to about £163,528 per sale.