Average Price for property in Marsh Lane, New Buckenham, Norwich, NR16 is around £217,230 which varies based on type of property you are interested in and ranges from £296,775 for detached house to around £155,309 for semi-detached. Similarly terraced house is around £139,947. Values have been changing and have risen £2,036 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,023 in last 6 months, £18,530 in last 1 year, £23,117 in last 2 years, £22,017 in last 3 years, £26,289 in last 4 years and £26,185 in last 5 years.
Currently average asking price of a property in Marsh Lane, New Buckenham, Norwich, NR16 is around £343,020 based on approximately 4 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £1,559 per month.
Estimated property value in Marsh Lane, New Buckenham, Norwich, NR16 is £217,230. Average asking price is £343,020 while average price paid is £245,000 which is up by £18,530 and Avg. asking rent £1,559.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 Marsh Lane, New Buckenham, Norwich, NR16 area. In last 1 year alone average price buyer paid is around £245,000 based on approximately 4 sales in Marsh Lane, New Buckenham, Norwich, NR16 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £271,000. 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 £271,000 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £271,000 per sale.