Average Price for property in Margaret Road, New Costessey, Norwich, NR5 is around £167,866 which varies based on type of property you are interested in and ranges from £208,825 for detached house to around £164,916 for semi-detached. Similarly terraced house is around £142,013. Values have been changing and have risen £682 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,164 in last 6 months, £12,886 in last 1 year, £17,994 in last 2 years, £21,965 in last 3 years, £22,340 in last 4 years and £21,690 in last 5 years.
Currently average asking price of a property in Margaret Road, New Costessey, Norwich, NR5 is around £213,510 based on approximately 1 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £1,140 per month.
Estimated property value in Margaret Road, New Costessey, Norwich, NR5 is £167,866. Average asking price is £213,510 while average price paid is £138,000 which is up by £12,886 and Avg. asking rent £1,140.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 Margaret Road, New Costessey, Norwich, NR5 area. In last 1 year alone average price buyer paid is around £138,000 based on approximately 1 sales in Margaret Road, New Costessey, Norwich, NR5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £145,500. 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 £139,428 for 7 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £138,090 per sale.