Average Price for property in Newmarket Road, Norwich, NR4 is around £652,153 which varies based on type of property you are interested in and ranges from £736,967 for detached house to around £615,269 for semi-detached. Similarly flat is around £184,466. Values have been changing and have risen £6,913 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,391 in last 6 months, £56,990 in last 1 year, £77,422 in last 2 years, £102,923 in last 3 years, £83,826 in last 4 years and £84,835 in last 5 years.
Currently average asking price of a property in Newmarket Road, Norwich, NR4 is around £337,148 based on approximately 3 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 Newmarket Road, Norwich, NR4 is £652,153. Average asking price is £337,148 while average price paid is £639,166 which is up by £56,990 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 Newmarket Road, Norwich, NR4 area. In last 1 year alone average price buyer paid is around £639,166 based on approximately 3 sales in Newmarket Road, Norwich, NR4 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £683,312. 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 £641,433 for 15 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £585,642 per sale.