Average Price for property in Lakenham Road, Norwich, NR4 is around £138,931 which varies based on type of property you are interested in and ranges from £170,424 for semi-detached to around £123,184 for a flat. Values have been changing and have risen £1,383 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,280 in last 6 months, £11,398 in last 1 year, £15,488 in last 2 years, £20,590 in last 3 years, £16,777 in last 4 years and £16,983 in last 5 years.
Currently average asking price of a property in Lakenham Road, Norwich, NR4 is around £337,148 based on approximately 2 properties for sale. Same is the case with rental options based on 74 properties up for rent, average asking rent is around £1,207 per month.
Estimated property value in Lakenham Road, Norwich, NR4 is £138,931. Average asking price is £337,148 while average price paid is £135,000 which is up by £11,398 and Avg. asking rent £1,207.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 Lakenham Road, Norwich, NR4 area. In last 1 year alone average price buyer paid is around £135,000 based on approximately 2 sales in Lakenham Road, Norwich, NR4 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £124,200. 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 £129,833 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £123,428 per sale.