Average Price for property in Fakenham is around £244,277 which varies based on type of property you are interested in and ranges from £336,033 for detached house to around £182,967 for semi-detached. Similarly terraced house is around £176,947 and a flat is worth £122,078. Values have been changing and have risen £4,188 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,899 in last 6 months, £31,871 in last 1 year, £31,251 in last 2 years, £32,197 in last 3 years, £32,160 in last 4 years and £36,911 in last 5 years.
Currently average asking price of a property in Fakenham is around £268,877 based on approximately 258 properties for sale. Same is the case with rental options based on 39 properties up for rent, average asking rent is around £864 per month.
Estimated property value in Fakenham is £244,277. Average asking price is £268,877 while average price paid is £208,471 which is up by £31,871 and Avg. asking rent £864.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 Fakenham area. In last 1 year alone average price buyer paid is around £208,471 based on approximately 258 sales in Fakenham area alone. If you compare it to last 3 years sales of 761 properties where buyers paid around £203,615. 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 £205,195 for 1,219 and average amount paid for purchase of approx. 1,625 properties sold in last 7 years comes to about £200,841 per sale.