Values have been changing and have risen £501 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £854 in last 6 months, £9,440 in last 1 year, £13,181 in last 2 years, £16,090 in last 3 years, £16,366 in last 4 years and £15,890 in last 5 years.
Currently average asking price of a property in Knowland Grove, 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 Knowland Grove, New Costessey, Norwich, NR5 is £122,179. Average asking price is £213,510 while average price paid is £111,875 which is up by £9,440 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 Knowland Grove, New Costessey, Norwich, NR5 area. In last 1 year alone average price buyer paid is around £111,875 based on approximately 4 sales in Knowland Grove, New Costessey, Norwich, NR5 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £101,583. 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 £96,450 for 10 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £100,287 per sale.