Knights Road, Hellesdon, Norwich, NR3

Street Guide For Knights Road, Hellesdon, Norwich, NR3

 

Knights Road, Hellesdon, Norwich, NR3 Map

Estimated Price: £264,991
Average Asking Price: £304,409
Price change in last one year: £13,266
Average Price Paid: £183,216
Average Rent Rates: £568

 

Property Prices Breakdown in Knights Road, Hellesdon, Norwich, NR3

Average Price for property in Knights Road, Hellesdon, Norwich, NR3 is around £264,991 which varies based on type of property you are interested in and ranges from £300,852 for detached house to around £170,046 for semi-detached. Similarly terraced house is around £156,619 and a flat is worth £160,867. Values have been changing and have risen £913 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,265 in last 6 months, £13,266 in last 1 year, £20,604 in last 2 years, £26,133 in last 3 years, £21,420 in last 4 years and £17,910 in last 5 years.

Currently average asking price of a property in Knights Road, Hellesdon, Norwich, NR3 is around £304,409 based on approximately 6 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £568 per month.

Estimated property value in Knights Road, Hellesdon, Norwich, NR3 is £264,991. Average asking price is £304,409 while average price paid is £176,917 which is up by £13,266 and Avg. asking rent £568.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 Knights Road, Hellesdon, Norwich, NR3 area. In last 1 year alone average price buyer paid is around £176,917 based on approximately 6 sales in Knights Road, Hellesdon, Norwich, NR3 area alone. If you compare it to last 3 years sales of 31 properties where buyers paid around £171,919. 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 £183,216 for 44 and average amount paid for purchase of approx. 65 properties sold in last 7 years comes to about £193,553 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £150,000, £227,144 for a 3 bedroom house, £319,867 for a 4 bedroom house and £478,725 for a 5 bedroom house. To sum up the asking prices for properties in Knights Road, Hellesdon, Norwich, NR3 it comes to around average £150,000 for 2 bedroom property, £227,144 for 3 bedroom, £319,867 for 4 bedroom and £478,725 for 5 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £451 for 1 bedroom to £607 for 3 bedroom. You should be generally be expecting around average £451 rent per month for single bedroom property and approximately £607 for 3 bedroom property in Knights Road, Hellesdon, Norwich, NR3 area.

Popular Houses in Knights Road, Hellesdon, Norwich, NR3

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Knights Road, Hellesdon, Norwich, NR3