Average Price for property in Manor Farm Drive, Wells-next-the-Sea, NR23 is around £458,705 which varies based on type of property you are interested in and ranges from £499,230 for detached house to around £350,610 for semi-detached. Similarly terraced house is around £458,750. Values have been changing and have risen £2,484 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,312 in last 6 months, £34,427 in last 1 year, £45,639 in last 2 years, £57,861 in last 3 years, £55,620 in last 4 years and £50,916 in last 5 years.
Currently average asking price of a property in Manor Farm Drive, Wells-next-the-Sea, NR23 is around £414,615 based on approximately 7 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £914 per month.
Estimated property value in Manor Farm Drive, Wells-next-the-Sea, NR23 is £458,705. Average asking price is £414,615 while average price paid is £539,928 which is up by £34,427 and Avg. asking rent £914.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 Manor Farm Drive, Wells-next-the-Sea, NR23 area. In last 1 year alone average price buyer paid is around £539,928 based on approximately 7 sales in Manor Farm Drive, Wells-next-the-Sea, NR23 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £521,187. 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 £523,277 for 9 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £492,464 per sale.