Average Price for property in Elm Grove Lane, Norwich, NR3 is around £254,315 which varies based on type of property you are interested in and ranges from £315,183 for detached house to around £242,337 for semi-detached. Similarly terraced house is around £176,588. Values have been changing and have risen £1,502 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,460 in last 6 months, £20,069 in last 1 year, £27,727 in last 2 years, £32,753 in last 3 years, £33,028 in last 4 years and £30,763 in last 5 years.
Currently average asking price of a property in Elm Grove Lane, 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 Elm Grove Lane, Norwich, NR3 is £254,315. Average asking price is £201,813 while average price paid is £209,950 which is up by £20,069 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 Elm Grove Lane, Norwich, NR3 area. In last 1 year alone average price buyer paid is around £209,950 based on approximately 1 sales in Elm Grove Lane, Norwich, NR3 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £210,158. 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 £191,755 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £183,888 per sale.