Average Price for property in King Street, Norwich, NR1 is around £253,979 which varies based on type of property you are interested in and ranges from £293,127 for detached house to around £223,620 for semi-detached. Similarly terraced house is around £276,199 and a flat is worth £250,764. Values have been changing and have risen £669 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £184 in last 6 months, £21,117 in last 1 year, £26,039 in last 2 years, £29,911 in last 3 years, £30,589 in last 4 years and £26,508 in last 5 years.
Currently average asking price of a property in King Street, Norwich, NR1 is around £207,987 based on approximately 11 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 King Street, Norwich, NR1 is £253,979. Average asking price is £207,987 while average price paid is £223,681 which is up by £21,117 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 King Street, Norwich, NR1 area. In last 1 year alone average price buyer paid is around £223,681 based on approximately 11 sales in King Street, Norwich, NR1 area alone. If you compare it to last 3 years sales of 38 properties where buyers paid around £198,302. 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 £201,765 for 96 and average amount paid for purchase of approx. 136 properties sold in last 7 years comes to about £220,421 per sale.