Average Price for property in Ipswich Road, Norwich, NR1 is around £179,674 which varies based on type of property you are interested in and ranges from £198,473 for detached house to around £176,542 for a flat. Values have been changing and have risen £493 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £136 in last 6 months, £15,576 in last 1 year, £19,210 in last 2 years, £22,069 in last 3 years, £22,571 in last 4 years and £19,564 in last 5 years.
Currently average asking price of a property in Ipswich Road, Norwich, NR1 is around £207,987 based on approximately 2 properties for sale. Same is the case with rental options based on 115 properties up for rent, average asking rent is around £1,070 per month.
Estimated property value in Ipswich Road, Norwich, NR1 is £179,674. Average asking price is £207,987 while average price paid is £164,000 which is up by £15,576 and Avg. asking rent £1,070.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 Ipswich Road, Norwich, NR1 area. In last 1 year alone average price buyer paid is around £164,000 based on approximately 2 sales in Ipswich Road, Norwich, NR1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £148,666. 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 £148,500 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £148,500 per sale.