Main Road, Ormesby, Great Yarmouth, NR29

Street Guide For Main Road, Ormesby, Great Yarmouth, NR29

 

Main Road, Ormesby, Great Yarmouth, NR29 Map

Estimated Price: £306,552
Average Asking Price: £217,634
Price change in last one year: £20,606
Average Price Paid: £234,690
Average Rent Rates: £938

 

Property Prices Breakdown in Main Road, Ormesby, Great Yarmouth, NR29

Average Price for property in Main Road, Ormesby, Great Yarmouth, NR29 is around £306,552 which varies based on type of property you are interested in and ranges from £346,226 for detached house to around £251,437 for semi-detached. Similarly terraced house is around £200,826. Values have been changing and have risen £999 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,775 in last 6 months, £20,606 in last 1 year, £25,836 in last 2 years, £33,177 in last 3 years, £30,313 in last 4 years and £30,462 in last 5 years.

Currently average asking price of a property in Main Road, Ormesby, Great Yarmouth, NR29 is around £217,634 based on approximately 1 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £938 per month.

Estimated property value in Main Road, Ormesby, Great Yarmouth, NR29 is £306,552. Average asking price is £217,634 while average price paid is £273,500 which is up by £20,606 and Avg. asking rent £938.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 Main Road, Ormesby, Great Yarmouth, NR29 area. In last 1 year alone average price buyer paid is around £273,500 based on approximately 1 sales in Main Road, Ormesby, Great Yarmouth, NR29 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £252,112. 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 £234,690 for 5 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £244,895 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 1 bedroom is around £35,000, £88,868 for a 2 bedroom house, £210,132 for a 3 bedroom house, £306,426 for a 4 bedroom house and £409,062 for a 5 bedroom house. For a flat the prices of 2 bedroom is £123,990. To sum up the asking prices for properties in Main Road, Ormesby, Great Yarmouth, NR29 it comes to around average £35,000 for 1 bedroom property, £91,307 for 2 bedroom, £210,132 for 3 bedroom, £306,426 for 4 bedroom and £409,062 for a 5 bedroom property.

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 £764 for 2 bedroom to £711 for 3 bedroom, £1,019 for 4 bedroom and £1,103 for 5 bedroom. You should be generally be expecting around average £764 rent per month for 2 bedroom property, £711 for 3 bedroom, £1,019 for 4 bedroom and approximately £1,103 for 5 bedroom property in Main Road, Ormesby, Great Yarmouth, NR29 area.

Popular Houses in Main Road, Ormesby, Great Yarmouth, NR29

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 Main Road, Ormesby, Great Yarmouth, NR29