Average Price for property in Gainsborough Drive, Lowestoft, NR32 is around £197,747 which varies based on type of property you are interested in and ranges from £225,885 for detached house to around £170,757 for semi-detached. Similarly flat is around £103,001. Values have been changing and have risen £1,357 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,197 in last 6 months, £14,868 in last 1 year, £22,724 in last 2 years, £26,017 in last 3 years, £24,267 in last 4 years and £22,474 in last 5 years.
Currently average asking price of a property in Gainsborough Drive, Lowestoft, NR32 is around £190,644 based on approximately 3 properties for sale. Same is the case with rental options based on 92 properties up for rent, average asking rent is around £843 per month.
Estimated property value in Gainsborough Drive, Lowestoft, NR32 is £197,747. Average asking price is £190,644 while average price paid is £169,666 which is up by £14,868 and Avg. asking rent £843.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 Gainsborough Drive, Lowestoft, NR32 area. In last 1 year alone average price buyer paid is around £169,666 based on approximately 3 sales in Gainsborough Drive, Lowestoft, NR32 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £162,800. 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 £155,399 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £166,268 per sale.