Average Price for property in Grove Avenue, New Costessey, Norwich, NR5 is around £234,045 which varies based on type of property you are interested in and ranges from £244,221 for detached house to around £196,356 for semi-detached. Similarly terraced house is around £234,422. Values have been changing and have risen £954 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,626 in last 6 months, £18,011 in last 1 year, £25,150 in last 2 years, £30,697 in last 3 years, £31,219 in last 4 years and £30,307 in last 5 years.
Currently average asking price of a property in Grove Avenue, New Costessey, Norwich, NR5 is around £213,510 based on approximately 4 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £1,140 per month.
Estimated property value in Grove Avenue, New Costessey, Norwich, NR5 is £234,045. Average asking price is £213,510 while average price paid is £199,987 which is up by £18,011 and Avg. asking rent £1,140.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 Grove Avenue, New Costessey, Norwich, NR5 area. In last 1 year alone average price buyer paid is around £199,987 based on approximately 4 sales in Grove Avenue, New Costessey, Norwich, NR5 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £200,584. 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 £191,419 for 21 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £194,630 per sale.