Average Price for property in Lancaster Rise, Mundesley, Norwich, NR11 is around £192,087 which varies based on type of property you are interested in and ranges from £239,215 for detached house to around £157,894 for semi-detached. Similarly terraced house is around £141,262. Values have been changing and have risen £1,402 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,608 in last 6 months, £14,082 in last 1 year, £20,467 in last 2 years, £24,439 in last 3 years, £22,790 in last 4 years and £22,732 in last 5 years.
Currently average asking price of a property in Lancaster Rise, Mundesley, Norwich, NR11 is around £291,132 based on approximately 4 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £694 per month.
Estimated property value in Lancaster Rise, Mundesley, Norwich, NR11 is £192,087. Average asking price is £291,132 while average price paid is £192,750 which is up by £14,082 and Avg. asking rent £694.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 Lancaster Rise, Mundesley, Norwich, NR11 area. In last 1 year alone average price buyer paid is around £192,750 based on approximately 4 sales in Lancaster Rise, Mundesley, Norwich, NR11 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £188,416. 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 £188,416 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £188,416 per sale.