Average Price for property in Magnolia Way, Costessey, Norwich, NR8 is around £200,251 which varies based on type of property you are interested in and ranges from £263,213 for detached house to around £227,259 for semi-detached. Similarly terraced house is around £224,127 and a flat is worth £140,982. Values have been changing and have risen £943 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,567 in last 6 months, £13,328 in last 1 year, £19,056 in last 2 years, £25,540 in last 3 years, £24,246 in last 4 years and £20,534 in last 5 years.
Currently average asking price of a property in Magnolia Way, Costessey, Norwich, NR8 is around £248,255 based on approximately 2 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £741 per month.
Estimated property value in Magnolia Way, Costessey, Norwich, NR8 is £200,251. Average asking price is £248,255 while average price paid is £114,000 which is up by £13,328 and Avg. asking rent £741.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 Magnolia Way, Costessey, Norwich, NR8 area. In last 1 year alone average price buyer paid is around £114,000 based on approximately 2 sales in Magnolia Way, Costessey, Norwich, NR8 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £114,000. 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 £119,625 for 6 and average amount paid for purchase of approx. 30 properties sold in last 7 years comes to about £156,162 per sale.