Average Price for property in Newfound Drive, Cringleford, Norwich, NR4 is around £498,406 e.g. average price for detached house is around 498,406. Values have been changing and have risen £5,048 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,969 in last 6 months, £41,614 in last 1 year, £56,535 in last 2 years, £75,157 in last 3 years, £61,215 in last 4 years and £61,953 in last 5 years.
Currently average asking price of a property in Newfound Drive, Cringleford, Norwich, NR4 is around £337,148 based on approximately 2 properties for sale. Same is the case with rental options based on 74 properties up for rent, average asking rent is around £1,207 per month.
Estimated property value in Newfound Drive, Cringleford, Norwich, NR4 is £498,406. Average asking price is £337,148 while average price paid is £390,000 which is up by £41,614 and Avg. asking rent £1,207.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 Newfound Drive, Cringleford, Norwich, NR4 area. In last 1 year alone average price buyer paid is around £390,000 based on approximately 2 sales in Newfound Drive, Cringleford, Norwich, NR4 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £451,900. 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 £451,900 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £449,083 per sale.