Duke Street, Norwich, NR3

Street Guide For Duke Street, Norwich, NR3

 

Duke Street, Norwich, NR3 Map

Estimated Price: £206,887
Average Asking Price: £201,813
Price change in last one year: £16,842
Average Price Paid: £160,970
Average Rent Rates: £1,238

 

Property Prices Breakdown in Duke Street, Norwich, NR3

Average Price for property in Duke Street, Norwich, NR3 is around £206,887 which varies based on type of property you are interested in and ranges from £394,117 for detached house to around £137,274 for semi-detached. Similarly terraced house is around £193,155 and a flat is worth £205,973. Values have been changing and have risen £1,261 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,065 in last 6 months, £16,842 in last 1 year, £23,267 in last 2 years, £27,485 in last 3 years, £27,717 in last 4 years and £25,817 in last 5 years.

Currently average asking price of a property in Duke Street, Norwich, NR3 is around £201,813 based on approximately 1 properties for sale. Same is the case with rental options based on 108 properties up for rent, average asking rent is around £1,238 per month.

Estimated property value in Duke Street, Norwich, NR3 is £206,887. Average asking price is £201,813 while average price paid is £200,000 which is up by £16,842 and Avg. asking rent £1,238.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 Duke Street, Norwich, NR3 area. In last 1 year alone average price buyer paid is around £200,000 based on approximately 1 sales in Duke Street, Norwich, NR3 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £171,500. 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 £160,970 for 17 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £162,181 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £149,843, £167,234 for a 3 bedroom house and £308,869 for a 4 bedroom house. For a flat similarly the prices varies from £113,643 for a single bedroom to £124,781 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £186,658 and £225,000 for a 4 bedroom flat. To sum up the asking prices for properties in Duke Street, Norwich, NR3 it comes to around average £113,643 for 1 bedroom property, £135,314 for 2 bedroom, £169,475 for 3 bedroom and £304,455 for 4 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £410 for 1 bedroom to £661 for 2 bedrooms, £715 for 3 bedrooms, £1,090 for 4 bedrooms and £368 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £465. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £692 and £594 for 3 bedroom. You should be generally be expecting around average £441 rent per month for single bedroom property, £679 for 2 bedroom, £710 for 3 bedroom, £1,090 for 4 bedroom and approximately £368 for a 5 bedroom property in Duke Street, Norwich, NR3 area.

Popular Houses in Duke Street, Norwich, NR3

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Duke Street, Norwich, NR3